Seven new bus stands for ULBs to cost Rs 237 cr

Chennai:

Tamil Nadu government has given approval to Commissioner of Municipal Administration’s proposal to  construct seven bus stands in seven urban local bodies at a cost of Rs 237.06 crore.

The bus stands will come up in Kancheepuram, Thiruthani, Mayiladuthurai, Dharmapuri, Namakkal, Tiruvanamalai and Tindivanam.

The bus stands will be constructed through public private partnership on design, Build, Finance, Operate and Transfer (DBFOT) basis.

Under this the required bus infrastructure will be constructed with full investment by the private agencies and will be maintained by them for 15 to 20 years.

Sources said that this relieve the financial burden on the urban local bodies and will reduce the cost on operation and maintenance considerably.

According to official sources, the commissioner of municipal administration has urged the construction of new bus stands in seven urban local bodies since the existing bus stand was constructed long ago.

As the towns were rapidly growing with bus stands situated at the heart of the town, the approach roads became heavily congested resulting in the need to ease the vehicular congestion and ensure proper flow of traffic.

Of the proposed seven bus stand, an outlay of Rs 51.63 crore is required to build bus stand for Namakkal while Rs 39.14 crore is required to build Dharmapuri bus stand.

Similarly, it is estimated that to build Kancheepuram and Mayiladuthurai bus stands, a sum of Rs 38 crore is required while for Tiruvanamalai it will cost Rs 30 crore. The cost to build Thirutani and Tindivanam bus stands is expected to cost Rs 20 crore.

While the government has approved the proposal, it has asked the Commissioner of Municipal Administration to get approval of Tamil Nadu Infrastructure Development Board for project structuring and bid documents.

 Factfile:

1.  Name of urban local body: Kancheepuram

Estimated project cost for bus stand: Rs 38.09 cr

2.  Name of urban local body: Thirutani

Estimated project cost for bus stand: Rs 20 cr

3.  Name of urban local body: Mayiladuthurai

Estimated project cost for bus stand: Rs 38.05 cr

4.  Name of urban local body: Dharmapuri

Estimated project cost for bus stand: Rs 39.14 cr

5.  Name of urban local body: Namakkal

Estimated project cost for bus stand: Rs 51.63 cr

6.  Name of urban local body: Tiruvannamalai

Estimated project cost for bus stand: Rs 30.15 cr

7.  Name of urban local body: Tindivanam

Estimated project cost for bus stand: Rs 20 cr

Total cost: Rs 237.06 cr