A new tolled ring road project for India is worth US$230 million.
Construction of the access controlled ring road will cut congestion and journey times in the city, which suffers from traffic delays at peak periods. Costing an estimated $1.2 billion, the 105km ring road will feature dual lanes in either direction including 13 tunnel stretches, seven viaducts, eight flyovers and four bridges spanning rail lines.
The package of works will be handled under the engineering, procurement and construction (EPC). The contract was awarded through MSRDC Pune Ring Road Limited and Maharashtra State Road Development Corporation Limited (MSRDC).