Pune: Civic body starts tendering process to execute 36 km HCMTR project

The civic administration has initiated the global tendering process for appointing an agency to build the 36 km high capacity mass transit route, which is expected to cost Rs.5,192 crore.

The administration plans to allot the work through an international competitive bidding process, which is expected to get over in the next five months. “We have considered two options to develop the HCMTR, including the hybrid mode and construction by design-build-finance-operate-transfer  method. The bidders can submit their proposals for any of the two options or both. An execution plan will be chalked out after scrutiny of the proposals,” a senior civic official said.

The HCMTR project was under consideration for a long time. The BJP-led civic body in the last two months expedited the process to grant required permissions for its execution. Last week, the general body of the PMC approved up to 4 FSI along the HCMTR in about 500-metre radius.

As per the plan, the HCMTR will be a six-lane elevated road and will connect all major areas of the city. The 24-metre wide road is expected to decentralize the traffic movement and provide seamless traffic options for commuters.

The PMC’s road development department said the work will be executed in two phases. An elevated road will be developed in the initial phase, while the second phase will focus on shifting service lines and construction of ramps. The civic administration presently has 50% of the total required land for the project in possession.

Under the hybrid annuity option, about 40% expenses were to be borne by the civic administration, while the remaining investment was to come from the executing agency. Under DBFOT option, the entire expenses would be incurred by the implementing agency, which would be given long term options to recover the investment.

The civic administration has estimated the land acquisition expenses at Rs.1,500 crore.

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