about NICE in bangalore
Published on: Mar 3, 2016
Transcripts - Nandini infrastructure
Chairman Mr.N.Vaghul Director Mr. Babasaheb Kalyani Mr. Sanjivi Sundar Mr. Shivkumar Kheny Mr. John C.Hayward Mr. B.R.V.Goud Managing Mr. Ashok Kheny Director
Has evolved from the development of one of Indias fastest growing and important cities: Bangalore. The Bangalore–Mysore Infrastructure Corridor (BMIC) also called NICE road is a proposed 4 to 6 lane private tolled expressway. Constructed by Nandi Infrastructure Corridor Enterprises (NICE).
111 kms of the NICE expressway project linking Bangalore and Mysore. In conjunction with a 1995 Trade Mission to India sponsored by the then Governor of Massachusetts, William Weld. Consortium members, Indian officials, including then Karnataka Chief Minister, H.D.Deve Gowda, and U.S. officials.
Spent 3,000 crores. It has been suspended for almost 10 years. The final hearing of the case will be after diwali holidays in supreme court.
Outer peripheral road development Expressway development Five self-sustaining townships with population of 100,000 each Telecommunications system Water supply system Sewage treatment facility Tourism, theme parks, amusement and recreational facilities
Kalyani Group of companies VHB International LTD. SAB International LTD.
The Bangalore Mysore Infrastructure Corridor Project has been divided into "stand alone" development projects. These distinct project phases will be completed over a 13 year period.
Elevated Link Road:
PERIPHERAL ROAD- 4 LANE:
PERIPHERAL ROAD-Expandable to 6 lane:
Creation of world class infrastructure facilities. Peripheral road to help heavy truck Traffic bypass the city of Bangalore leading to Decongestion of City. Environment friendly project as the level of noise and air pollution will drop significantly.
Reduction in fuel consumption for all users of the toll roads as well as Bangalore citizens due to less congestion on city roads. Reduction in travel time and accident rate. Approximately 700 people loose their lives in road accidents every year in Bangalore.
Saving maintenance cost on existing city roads for the municipal corporation. Creation of employment opportunities. Availability of newer markets to farmers for their produce. Better housing, clothing and recreational facilities which will act as counter magnet to urban centers.