Bagmane bags naming rights for Blue Line’s DRDO metro station

NT Correspondent

Bengaluru

Bagmane developers will help build a few stations of Namma Metro’s blue line, a release from the Bangalore Metro Rail Corporation Limited (BMRCL)confirmed on Tuesday. The Blue Line(58.19 kilometres), which runs from Central Silk Board to the Kempegowda International Airport via the Outer Ring Road and K R Puram, is currently under construction.

The construction of the DRDO Sports Complex station will be funded at a cost of Rs. 40 crore by Bagmane. Naming rights will be secured for a time period of 20 years. Direct connectivity to their campuses from the concourse levels of three stations - Seetharamapalya, Bellandur and ISRO at a cost of Rs.10 crore per station is also sought, subject to agreement from the State Government Funding will be done through an innovative financing mechanism

Metro to run as per schedule: The BMRCL clarified in lieu of Former Chief Minister former External affairs Minister S M Krishna’s demise, transport services, including the metro, come under Essential services, which does not mandate a shutdown.