Maytas Infra Ltd has completed the construction of a six-lane outer ring road for the Bangalore Development Authority (BDA). The project is in the process of being handed over to the client, the company said in a filing to the Bombay Stock Exchange (BSE).
The Rs 66.62-crore project, involving construction of a six-lane dual carriageway with two-lane service roads on both sides, vehicular underpass, a minor bridge traffic signs, electrical works related to illumination, landscaping, islands and footpaths, will connect the Mysore and Magadi roads in Bangalore.
The 4.82-km-long project was awarded to the company in December 2005. The new ring road saves about 13 km of extra journey for commuters to reach Mysore besides enhancing smoother flow of traffic in the peripheral areas, Maytas said.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.