Saturday, July 10, 2010

Bangalore BMTC's TTMC at Kengeri costed 40 crores, under JNURM. 10 more TTMCs to come!

The Traffic and Transit Management Centre(TTMC) of BMTC was built at a cost of Rs 40 crore under the Jawaharlal Nehru National Urban Renewal Mission (JNURM)The TTMC’s objective is to provide an integrated transport facility with adequate amenities and conveniences to cater to the requirements of all user groups and reduce congestion of main roads through efficient traffic movement, among others. 

TTMCs are coming up in different locations of the city - Shantinagar, Koramangala, Whitefield, Vijayanagar, Banashankari, Yeshwantpur, Domlur and Bannerghatta and all of them are nearing completion, BMTC officials said. 10 TTMCs will be built at an estimated cost of Rs 479.6 crore. The Kengeri TTMC cost Rs 40 crore. Chief Minister B S Yeddyurappa had inaugurated the TTMC in Jayanagar last September.

Citing the plans to build a Rs 1,400 crore mega main bus-stand in Bangalore under public-private-partnership model, Karnataka Transport Minister Mr R Ashoka said at the inauguration of the Traffic and Transit Management Centre (TTMC) in Kengeri, that around 7-8 companies had shown interest for the bus stand project, which will be built on a PPP(public private partnership) model. He said once the project was realised, Bangalore bus stand would be at par with international bus stands.

Transport minister said Volvo buses deployed by Bangalore Metropolitan Transport Corporation (BMTC) in routes such as airport and IT sector hubs in the city are making profits, rejecting the perception in some quarters that it’s financially unviable. The Government planned to press into service Mercedes Benz bus coaches in the Bangalore-Mysore route.

Union Minister for Urban Development S Jaipal Reddy inaugurated the TTMC. Mr Reddy said under JNURM, the Union Government has sanctioned Rs 58,000 crore in the last four-and-half-years, while civic bodies and various state Governments have put in matching funds (Rs 58,000 crore) for urban projects. 

Reddy announced that the Centre would release Rs 11,600 crore towards the escalated cost for Namma Metro project.

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