Shapoorji Pallonji Outbids L&T to Win Telangana Secretariat Contract
Building firm Shapoorji Pallonji has outbid L&T for the development contract of the proposed ?600 crore-Telangana Secretariat complicated. Following the technical and monetary bids, Shapoorji Pallonji has been chosen L1, in line with sources. Of the a number of firms who evinced curiosity within the bidding course of being dealt with by the Roads and Buildings division, it acquired bids from development majors L&T and Shapoorji Pallonji on the finish of the deadline. The division needed to reschedule the tender course of couple of occasions due to technicalities in addition to the floods within the GHMC space. The tenders had been invited for the development of the brand new built-in complicated with a constructed up space of six lakh sq. ft. The outdated buildings within the Secretariat complicated positioned at Saifabad overlooking the Husainsagar Lake had been demolished to pave approach for the development of a brand new one. The price of the undertaking is anticipated to be round ?600 crore as the brand new complicated is anticipated to be accomplished inside 12 months, sources mentioned.
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