
Shapoorji Pallonji Bags 3 Contracts to Build Complexes
Shapoorji Pallonji, Mumbai based realty and infrastructure giant has bagged three contract for construction of collectorate complexes in Medchal, Ranga Reddy (Shamshabad) and Vikarabad of the total 26 new district collectorate complexes in Telangana.
Shapoorji Pallonji’s was the lowest bid for construction of these three complexes which involves an investment to the tune of Rs102.97 crore. However, this is not the first major project for Shapoorji Pallonji in Telangana.
Shapoorji Pallonji has also bagged the Rs 300 contract for construction of the iconic police control command towers project in Hyderabad.
This infrastructure major has completed construction of the Rs 50-crore Pragathi Bhavan, the camp office cum-residence of chief minister K Chandrasekhar Rao.
Highly placed sources said that several agencies were in the race, only 14 agencies qualified for technical stage were finalised to construct the new collectorate complexes which they have to hand over the buildings in a year.
Though all of them quoted over 4.60 percent above the estimated benchmark value of the project, they were awarded the project as the tender rules allow up to 5 percent excess quotation compared to the benchmark value.
Roads and Buildings engineer-in-chief I Ganapathi Reddy confirmed that the state government has finalised 11 agencies based on their lowest bid to construct collectorate complexes in 26 districts.
The total cost of the 26 new collectorate complexes as per the bid amount quoted by the 11 agencies is Rs 885.25 crore. The project also includes construction of residential quarters-cum-camp office of respective district collectors, residential quarters of joint collectors and district revenue officers, among other district level officers.
here is company details.
NOTE :You need to login first to access this feature.