The document summarizes the Bangalore-Hosur Road elevated highway project in India. The 9.985 km long highway was constructed to improve connectivity between Bangalore and Hosur. A consortium consisting of NCC, Soma Enterprises, and Maytas was formed to build the four-lane elevated highway on a BOT basis. The project was inaugurated in January 2010, costing 990 crores ultimately, providing faster travel between Silk Board Junction and Electronics City.

2. INTRODUCTION
 Bangalore-Hosur Road is the part of National Highway 7 which connects the city
of Bangalore, capital of Karnataka and the Tamil Nadu border town
of Hosur in Krishnagiri district.
 It is a four to eight-lane highway which also has service lanes on either sides at the
busier parts.
 9.985 KM long- 2nd longest elevated highway in India.
 Apart from being a part of the National Highway, the road is also significant
because it consists of many industrial and IT business houses.
 It is maintained by National Highways Authority of India(NHAI),
Bengaluru Palike (BBMP) & Bangalore Development Authority( BDA)

3. It is maintained by National Highways Authority of India(NHAI),
Bengaluru Palike (BBMP) & Bangalore Development Authority( BDA)
 The project is a part of the BETL (Bangalore Elevated Tollways Ltd)- the
consortium and NHAI.
 It was initiated in early 2006, and was inaugurated on 22 January 2010

4. PROJECT EVOLUTION
 There was a long felt need to improve the connectivity of the Electronic City, home to
some of the Global IT and ITes companies to the City and improve the connectivity to
the rapidly growing industrial belt along Hosur Road by widening and improving the
existing 4 lane divided carriageway National Highway from Silk Board Junction to
Inter State Border and provide Elevated Express connectivity to Electronic City.
To meet this long felt need, NHAI conceived the Project in two parts:
 Widening 4 lane divided carriageway NH 7 to 6 lane, providing 2 lane two way Service
Roads on both sides, providing pedestrian underpasses
 4 lane two way Elevated Road between Silk Board Junction and Electronic City
Junction, on BOT basis
BETL to operate, collecting user fees and maintain the Elevated Road and At Grade
Roads for 18 years after commencement of Commercial Operations.

5. Owner National Highways Authority of India
Concessionaire Bangalore Elevated Tollway Limited
Date of Agreement 25 – 01 - 2006
Schedule Starting Date 25-07-2006
Schedule Ending Date 24-07-2008
Scheduled Construction Period 24 Months
Inauguration & Completion Date 22 – 01- 2010
Revised Project Cost (Approved) Rs. 990.36 Crores
Equity of Promoters (Approved) Rs. 420.36 Crores
Lender to BETL Punjab National Bank
Term Loan to BETL Rs. 570 Crores
Source: nhai.org.in

6. COMPANY PROFILE
NCC LTD :
 Nagarjuna Construction Company incorporated in 1990 is engaged in development of real
estate.
 NCC projects stand on credentials of its work in various sectors such as Housing,
Transportation, Power, water, Metals and Oil and gas.
 Following are the main transportation projects undertaken by the company:
1) Brindavan Infrastructure Company Limited
2) Bangalore Elevated Tollway Limited (BETL)
3) Western UP Tollway Limited
4) Pondicherry - Tindivanam Tollway Limited
5) OB Infrastructure Limited

7. SOMA Enterprises Ltd
 Soma Enterprise Ltd is a Rs.25,000 million ($ 555.56 million) infrastructure
solutions company, engaged in the construction and development of core
infrastructure projects.
 Soma has actively evolved towards a combination of EPC – based and BOT – based
business model to ensure stable growth over the long term.
Name Value Region Completion
Nellore Bypass (17 Km) Rs. 1700.00 M (USD 38.00
M)
Andhra Pradesh Aug, 2004
Pimpalgaon – Dhule (115
Km)
Rs. 6060.00 M (USD
135.00 M)
Maharashtra Mar, 2009
Adilabad Expressway (55
Km)
Rs. 4590.00 M (USD
102.00 M)
Andhra Pradesh Jun, 2010
Bangalore Elevated
Expressway
Rs. 7650.00 M (USD
170.00 M)
Karnataka Apr, 2010

8. MAYTAS Ltd
 Maytas is an infrastructure development, construction and project management
company. Maytas Infra was originally run by Sathyam computer services
founder B Ramalinga Raju.
 There were allegations that funds from Satyam were diverted to Maytas, causing
the Government agencies to verify the infrastructure company’s records as well..
 In August 2009, IL & FS replaced B Ramalinga Raju as promoter of Maytas
Infra.
 In January 2011 (after Sathyam scam), The Company Law Board has cleared the
decks for IL&FS to acquire a controlling stake in Maytas Properties, a privately
held company promoted by the family of B Ramalinga Raju, the founder of
erstwhile Satyam Computers.

9. STRATEGIES FOR IMPLEMENTATION
 The National Highways Authority of India (NHAI) had signed a Concession agreement for
building the Elevated Highway in Bangalore.
 The Agreement was signed by NHAI with Bangalore Elevated Tollway Limited (a Special
Purpose Vehicle (SPV) formed by Soma NCC Maytas Consortium).
 Out of the total project cost of Rs 750 crores, Rs.600 crore of debt had been raised from a
consortium of 10 banks.
 The project involved building a four-lane divided carriageway on Building Operate-Transfer
(BOT) basis, supported on single row of piers in the central median, widening and
strengthening of existing four-lane carriageway and two-lane continuous service roads on
either sides.

10.  Also , a specialist agency was deployed to construct pedestrian underpasses at four major junctions
by the technique of ‘box pushing’ that is pushing the pre cast box unit under the road with high
capacity jacks without any disruption of the traffic.
 Soon after BETL began work of the Elevated Road, NHAI took up the improvement of the road up
to the Border through another contract.
The Agreement also involves a negative grant to NHAI i.e. the Concessionaire Bangalore Elevated
Toll way Limited would pay NHAI a grant of Rs. 16 crore (Net Present Value discounted @ 10%)
 The construction of the Elevated Highway was expected to be completed in 24 months ,including
expenditure on pre construction activities, land acquisition, utility relocation, etc. The Agreement
included an Operation & Maintenance (O & M) contract for a 24 km stretch.
The project was expected to be completed on July 2008 but it became functional only on January
22nd, 2010. Due to the delay the cost of the project raised from 750 crores to 990 crores.

11. CONCLUSION
 The elevated highway has been a very useful infrastructure development for
people who travel that stretch on a daily basis as it saves their time. Also, it has
improved the connectivity to electronic city for others.
 The travel time on this stretch from Silk Board Junction to Electronic City used
to take more than one and half hours during peak hours. The state-of-the-art
elevated expressway has reduced the commuting to around 15 minutes.
 Of course, since the inauguration of the flyover, there have been frequent
complaints about rash driving, higher toll and other issues. But we can't deny that
the highway has worked wonders for Bangalore.

12. SUBMITTED BY
Milan Joseph Mathew- 1321605
Amulya Devassy- 1321619
Gopika Vijayan -1321630
Jeethu Jose-1321632
Jilphy Tom-1321633
Nikita Murali-1321638
Rekha K R-132166