Bangalore Elevated Tollway Limited (BETL) is the Special Purpose Vehicle (SPV) created to undertake the Construction of Elevated Highway Project from Silk Board Junction to Electronic City Junction (Km 8.765 to Km 18.750) Section of NH-7 on Build, Operate and Transfer (BOT) basis
Project Overview
The project entails improvements at ground level including construction of underpass and construction of Elevated Highway in Electronic City Junction KM 8.765 to KM 18.850. The elevated section runs close to 10 KM and intended to relieve the intensity of traffic plying on stretch. This was one of the largest elevated corridors in India. The project is operational since April 2010.
Project Cost
Rs. 990.36 Crores
Concession Authority
NHAI
Concession Period
20 Years including Construction Period
Type
BOT (Toll)
Status
The project has been divested in December 2016 to India infrastructure Fund II managed by IDFC Alternatives Ltd.