India News | Central Vista: Kamladityya Construction Pvt Ltd Emerges Lowest Bidder for Construction of VP Enclave
Get latest articles and stories on India at LatestLY. Infrastructure firm Kamladityya Construction Pvt Ltd has emerged as the lowest bidder for the construction of the Vice President Enclave under the Central Vista redevelopment project, documents showed.
New Delhi, Nov 2 (PTI) Infrastructure firm Kamladityya Construction Pvt Ltd has emerged as the lowest bidder for the construction of the Vice President Enclave under the Central Vista redevelopment project, documents showed.
According to the Central Public Works Department's bid documents, Kamladityya Construction Pvt Ltd quoted around Rs 206 crore, 3.52 per cent lower than the estimated cost.
The firm, which submitted a total bid amount of 2,064,999,798, may bag the contract for the construction and maintenance of the Vice President Enclave.
The firm's head office is located in Jharkhand's Bokaro Steel City, according to the company's website.
The bid documents show that other five construction firms quoted bid amounts higher -- between 2.80 per cent to 25.57 per cent -- than the estimated cost.
While SAM India Builtwell Private Limited quoted around Rs 220 crore, Ahluwalia Contracts India Ltd submitted bid amount of Rs 268 crore, which was 25.57 crore more than the estimated cost, the documents showed.
The proposed Vice President Enclave will come up next to North Block and Rashtrapati Bhavan, for which the Central Public Works Department had estimated a cost of around Rs 214 crore.
The project, which includes a residence for the Vice President and a secretariat, is expected to take 10 months.
Last week, infrastructure firm Larsen & Toubro Limited had been awarded the contract for the construction and maintenance of the first three buildings of the Common Central Secretariat under the Central Vista redevelopment project.
Tata Projects Limited is constructing a new parliament building while Shapoorji Pallonji and Company Limited is executing the redevelopment work of the Central Vista Avenue stretching from Rashtrapati Bhavan to India Gate under the Central Vista redevelopment project.
The redevelopment of the Central Vista, the nation's power corridor, envisages a new parliament building, a common central secretariat, revamping of the 3-km Rajpath from the Rashtrapati Bhavan to the India Gate, new office and residence of the prime minister, and a new vice-president enclave.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)