Tatas to build new Parliament building: The federal government civic body estimated a cost of Rs 940 crore
The brand-new parliament structure will be constructed by Tata Projects at a cost of Rs 861.90 crore.
The Tatas beat Larsen and Toubro, who had sent a bid of Rs 865 crore.
The Central Public Functions Department opened the financial quotes for the building of a new parliament structure today.
The task is most likely to be completed in a year.
The federal government civic body had actually approximated an expense of Rs 940 crore.
The new structure is stated to be designed as a triangle.
The current parliament structure, constructed throughout the British-era, is circular. The structure would be used for other purposes after it is fixed and renovated, state authorities.
Previously this year, the government had justified its choice to build a brand-new parliament structure stating the present structure was “revealing indications of distress and over-use”.
Likewise, the Lok Sabha was most likely to have more numbers after the reorganization of constituencies, and the current building had no area for an extra member in the house, the federal government said in response to opposition questions.
The brand-new parliament building is part of the centre’s central vista beautification task that has provoked opposition protests and has also been challenged in court.