Kolkata Ring Road

The West Bengal government has come to the aid of the private firm which will build the Ring Road around the city. The state transport department has decided to tag the Ring Road project under the ‘viability gap funding’ scheme. This means that the Centre will be able to disburse funds under the head of cost of replacing utilities that are mandatory while implementing the project. Sources at Writers’ Buildings said that if the total project cost turns out to be Rs 4,500 crore, some Rs 1,200 crore would be generated from Central funds alone. The transport department has also extended the deadline for submitting tenders by the infrastructure companies from June 20 to July 31. Seven companies — Tantia, Srei, Larsen & Toubro, the Bangkok-based Italian-Thai Development Public Company, the Hyderabad-based Nabojog Engineering Company, Hindusthan Construction Company and Gammon Infrastructure Private Limited — have been shortlisted for the final tenders. The Ring Road is expected to solve traffic problems in many parts of the city Length of the Ring Road will be 42km and will pass through Rajarhat,Dum Dum airport,Chitpore,Bagbazar,B T Road,Tollygunge,Dhakuria, Alipore .