Published On:April 20 2015
Story Viewed 2016 Times

Bangalore-Mysore corridor Phase I almost complete: NICE.

Ashok Kheny, MD, Nandi Infrastructure Corridor Enterprise says the company's project to develop 111 km of expressway connecting Bangalore to Mysore is close to its Phase I completion. Of 62 kms, the company has made 56 kms and is waiting to acquire land for the same. The company is also waiting for approvals to come through for Phase II, III. Furthermore, Kheny says the company's board is considering a reverse merger of NICE with BF Utility, that owns 74 percent stake.

www.moneycontrol.com


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