The northern part of the ambitious regional ring road (RRR) project, proposed as access controlled greenfield expressway, from Girmapur to Tangadpalle village in northern Telangana, will be taken up in two separate packages.
The Public Private Partnership Appraisal Committee of the Union Finance Ministry, which gave its in principle nod for the project, favoured exploration of feasibility of implementing the project as a single comprehensive package for improved project management and potential cost efficiency. But officials opined that implementation as a single package is likely to restrict bidder participation due to high financial exposure, banking limits and performance security requirements. This would in turn reduce competition and increase execution risks.
Division of the project into two packages would widen the bidder base, facilitate more competitive and realistic bidding besides allowing parallel construction with better deployment of manpower, machinery and resources. The 161.51 km project will be taken up at an estimated capital cost of ₹23,935.6 crore — ₹11,709.09 crore Package-I and ₹12,144.51 crore Package-II — and it will pass through Sangareddy, Medak and Siddipet and Siddipet and Yadadri Bhuvanagiri districts.
