Bhubaneswar: In a significant development, the Odisha Cabinet today approved a tender of Rs 160 core for construction of a modern Inter-State Bus Terminal (ISBT) at Baramunda in order to provide more convenient and easy transfer experience to the passengers.
The Cabinet also approved a tender for setting up a bus depot at Khandagiri on EPC mode in the capital city.
The Bhubaneswar Development Authority (BDA) is entrusted with the development of the project on EPC mode on the basis of a transparent bidding process.
Bridge and Roof Company India Limited, a Government of India undertaking has become the preferred bidder being LI with negotiating the offer of Rs 160,66,54,000 exclusive of taxes which is approved by the Cabinet for acceptance of the offer of the LI bidder, an official release said.
The completion period of the project is 24 months along with maintenance for 5 years and 5 years of defect liability period, it added.
The ISBT Baramunda will have terminal space of 1,31,713 Sq.ft and commercial space of 1,70,912 Sq.ft. . As many as 35 bus bays will be constructed in which 190 idle buses can be parked.
The ISBT will also have a public parking space for more than 250 four-wheelers and about 175 two-wheelers, the release added.