Project Details Project Details

Project Name
Development of Bus Station with Passenger Amenities and Commercial Complex on NEKRTC site at Gulbarga *
Project Brief
The project involves development of bus station with passenger amenities and commercial complex on NEKRTC site at Gulbarga [bus station:3 platforms for 12 bus bays, commercial complex:75,000 Sqft]
Sector
Transport
Sub-Sector
Urban public transport (except rolling stock)
Project Capacity
1.72 Acres
Location The geographical location of the project
Karnataka
Type of PPP Variant of PPP model adopted for implementation of the project
Design-Build-Operate-Transfer (DBOT)
Project Status
Under Construction
Concession Duration (In Months)
360
Bid Parameter Criteria adopted for award of project
Lease Rent
Government/Non Government A government project pertains to project implemented either through traditional procurement mode or through PPP mode. A non-government project pertains to a project implemented solely by private sector
Government
Any Other Information
Updated status for the project is not available.

Project Authority Name of the government agency that is the Concessioning Authority for the project
Name Of Authority
North Eastern Karnataka Road Transport Corporation (NEKRTC)
Project Concessionaire The name of the concessionaire appointed for the project
Name Of Concessionaire
Ambizion Infrastructure Private Limited, Gulbarga
Project Timelines
Concession Agreement Signing Date The date on which the concession agreement is signed
12-Sep-2012
Financial Closure Date The date on which the conditions precedent to the initial availability of funds under the Financing Agreements are fulfilled
Not Available
Appointed Date
Not Available
Construction Completion Date (as per Concession Agreement)
31-Mar-2018
Date to Start of Commercial Operation (as per Concession Agreement)
31-Mar-2018
Date to Start of Commercial Operation (Actual) Actual start date for commercial operation
Not Applicable
Concession End Date (as per Concession Agreement) The envisaged date of end of concession period as per the concession agreement
11-Sep-2042
Concession End Date (Actual) Actual end date of the concession
Not Applicable
Project Grant
Type Of Grant
Not Applicable
Grant Amount in Rs Crore
Not Available
Project Cost
Project Cost (as per Concession Agreement) in Rs Crore
15.65
Project Cost (Revised) in Rs Crore The project cost, if different from the cost as per the concession agreement
20.20
Project Cost (Actual) in Rs Crore Actual cost of the project
Not Applicable
# - The project may have additional details that are pertinent. Kindly check the 'Any Other Information' field for further details.
* - Updated status for the project is not available.