Reliance Infrastructure commissions Trichy-Karur road
Posted on Feb 24 2014 | IANS
Chennai, Feb 24 : Reliance Infrastructure Ltd. (RInfra) Monday announced the operationalisation of the two-four laning of 63-km Trichy-Karur road project and beginning of toll collection in Tamil Nadu.
In a statement, the company said with the completion of the project, it has operationalised its 10th road project and sixth and final one in Tamil Nadu.
The Trichy-Karur road was built by a special purpose vehicle TK Toll Road Pvt. Ltd. at an outlay of Rs.732 crore on build-operate-transfer (BOT) basis under the aegis of National Highways Authority of India (NHAI).
RInfra will operate and maintain the road for 30 years. The road is a section of the National Highway No.67 connecting Coimbatore to Trichy, Kumbakonam, Thanjavur and Nagapattinam.
The road connects major tourist destinations such as Srirangam, Samayapuram, Kallanai, Mukkombu and also industrial zones. The corridor connects more than 44 villages with important cities like Coimbatore and Bengaluru.
"The road will not just provide a hassle-free, safe and smooth driving experience for regular traffic, but also connect to industrial units and Trichy and Coimbatore international airports. The corridor will witness approximately 15,000 vehicles per day that is expected to double in the next four years," Sudhir R. Hoshing, CEO (Roads) RInfra, was quoted as saying in the statement.
According to him, "With the opening of TK corridor, now we have all of our six road projects worth Rs. 4,000 crore in Tamil Nadu operational."
Keeping the traffic density in mind, 10 and six lane toll plazas with automated systems have been constructed on the Trichy-Karur road.
RInfra already operates five road projects in Tamil Nadu - Namakkal to Karur; Dindigul to Samayanallur; Trichy to Dindigul; Salem to Ulundurpet and Hosur to Krishnagiri.