Work to commence on ISBT very soon
Mumbai, April 27, 2010-Mumbai Metropolitan Region Development Authority (MMRDA) has set May 21, as a deadline for the prospective bidders to submit their proposal for the state-of-the-art Inter State Bus Terminal (ISBT) project. Post the request for proposal, the authority will follow a single stage four level – four packet system for evaluating the bids, thus setting the stage to give Mumbai its first ISB Terminal.
The ISBT will come up on a 4.5 hectare plot situated next to the Wadala Truck Terminus. It will have world-class passenger platforms, food courts, cinema halls, departmental stores, budget hotel, convenience rooms, rest rooms, recreation centres and baggage rooms. The successful bidder will construct mechanical workshops, vehicle washing facilities and rest rooms for the transport operators apart from providing systematic bus parking facility. The estimated cost of the project is Rs 350 crore, the construction will commence very soon and is expected to be operational by the end of 2013.
“Along with separate entry/exit arrangements for buses, passengers, the ISBT will also provide integrated facilities for BEST/Auto/Taxi and cars/two wheelers parking. A monorail station is under implementation to provide direct connectivity to ISBT,” said Mr. Ratnakar Gaikwad, Metropolitan Commissioner, MMRDA. He further added, “One of the primary objectives of developing the ISBT is to control and systemize the random pick and drop points and indiscriminate parking of private bus operators in Mumbai so as to decongest the roads and ensure steady movement of traffic.”
The entire project will be undertaken, completed and operated on Public Private Partnership (PPP) basis wherein the terminal would be leased out to the prospective bidder for a lease period of 25 years. The private developer will design, built, finance and operate the terminal and commercial activities at the premises.