Tata Projects Bags Parliament Project, Outbids L&T

Tata Projects Ltd has won the bid to build a new Parliament complex which will be will be constructed close to the existing one under the Central Vista redevelopment project. With this opportunity Tata Projects Limited takes a step closer to winning the prestigious contract in the heart of New Delhi. Tata Projects submitted a bid for Rs. 861.90 crore, while Larsen and Toubro Ltd bid for Rs. 865 crore, a government official said on condition of anonymity. The Central Public Works Department (CPWD) had invited bids for the project, estimating a cost of Rs. 889 crore.

The tender is being awarded a year after the Union housing ministry announced the plan to build a new Parliament building, construct a new common central secretariat for all ministries and redevelop the grand central vista from Rashtrapati Bhawan to India Gate. The deadline for the redevelopment and construction of the new Parliament building is 2022.

The official stated “It will take a few days for the official letter to come. The bids for the Parliament project were opened on Wednesday, and we received three bids. Tata’s

The tender is being awarded a year after the Union housing ministry announced the plan to build a new Parliament building, construct a new common central secretariat for all ministries and redevelop the grand central vista from Rashtrapati Bhawan to India Gate

bid emerged as the lowest. We received three bids today, but only two had completed all the requirements. There was no figure quoted in the third bid”.

A new triangle-shaped Parliament building will be constructed while the current Parliament building will be redeveloped. The exterior structure of the historic building will be kept intact. The new building will be constructed close to the current Parliament building, which will continue to function. The construction is expected to begin after the ongoing monsoon session of Parliament and the project is expected to be completed in 21 months. According to the plan, the new building will also accommodate more seats in both its houses, along with offices for all members. The project is part of the ambitious central vista plan to redevelop the Indian Parliament and surrounding areas in Lutyens’ Delhi. Not just that but the Ahmedabad-based HCP Design, Planning and Management Pvt. Ltd will provide design consultancy for the project.