Construction company DEC Infrastructure and Projects has emerged as the lowest bidder for the construction of Executive Enclave in India, Hindustan Times reported.
Executive Enclave is a part of the Central Vista redevelopment project in New Delhi that will feature Prime Minister’s Office, India House Cabinet Secretariat and National Security Council Secretariat.
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A Central Public Works Department (CPWD) official told the publication that the firm quoted $150m (INR11.89bn) for the project, 10.44% less than the estimated cost of $170m (INR13.28bn).
The Executive Enclave is the fourth project to be tendered under the $1.69bn (INR135bn) Central Vista renovation project.
Larsen & Toubro and Tata Projects also submitted their bids, but these were higher than the estimated cost, said the official.
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Bids for the Executive Enclave were first invited in November 2021. However, this project was re-tendered in May due to some additions.
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By GlobalDataThe enclave will be constructed near the South Block.
The PMO, Cabinet secretariat, and NSCS secretariat will be four-storeyed buildings, while the India House will be a two-storeyed building meant for high-level meetings.
The whole built-up area will be around 87,915m2, including a basement area of around 20,879m2.
The official told the publication: “The existing structures on plot number 36/38 are to be demolished before the start of new construction”.
Currently, the construction work of the new Parliament building, central Vista Avenue and the three buildings of the Common Central Secretariat are being undertaken.
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Image: The Central Vista redevelopment project will feature Prime Minister’s Office, India House Cabinet Secretariat and National Security Council Secretariat. Credit: Ministry of Housing and Urban Affairs/Government of India.
