KITCO bids to prepare DPR for bypass project

KITCO, a technical consultancy organisation established by various commercial banks and the Small Industries Development Bank of India (SIDBI), is the lone bidder that has evinced interest in preparing a detailed project report (DPR) to convert the Kozhikode Bypass into a four-lane carriage way. Now it is up to the state government to take a final decision on awarding the contract to KITCO as tenders have been invited by the Public Works Department (PWD) at the national level for the second time. The project is to widen the 28.14-km two-lane Kozhikode Bypass with Central aid. Official sources said a sum of Rs.800 crore would be required.