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Multiplex-cum-bus Terminal Planned
Posted by Pradeep Sadanapalli | June 14, 2008 | 259 views
The APSRTC in a bid to commercially exploit its vacant lands, identified its old head office premises in Musheerabad to construct a multiplex cum RTC Bus Terminal.
Project report
Based on the project report submitted by M/s Urban Mass Transit Company Ltd., it invited open tenders for the project to come up in 9.14 acres of prime land in Musheerabad. APSRTC awarded the project to M/s Soma Enterprises Ltd.
BOT scheme
The multiplex cum modern multi-platform city bus terminal with all amenities will be under BOT scheme for 33 years.
The developer on Thursday presented the cheque of Rs.6 crore to the APSRTC Vice-Chairman and Managing Director V.Dinesh Reddy towards project development.
SOURCES:
The Hindu
Topics: Infrastructure |
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