Central Vista: DEC Infra Is Lowest Bidder For Executive Enclave Work
NDTV
DEC Infrastructure and Projects (India) Private Limited had quoted an amount of around Rs 1,189 crore, 10.44 per cent less than the Rs 1,328-crore cost estimated by the Central Public Works Department (CPWD)
Hyderabad-based construction firm DEC Infrastructure has emerged as the lowest bidder for the construction of the Executive Enclave that will house the Prime Minister's Office (PMO), the Cabinet Secretariat, the India House and the National Security Council Secretariat, according to an official document.
DEC Infrastructure and Projects (India) Private Limited had quoted an amount of around Rs 1,189 crore, 10.44 per cent less than the Rs 1,328-crore cost estimated by the Central Public Works Department (CPWD), which has been executing the Narendra Modi government's ambitious Central Vista Redevelopment project.
The estimated cost also includes maintenance and housekeeping for five years.
Tata Projects Limited, which is constructing a new Parliament building, quoted Rs 1,407 crore, which is 5.97 per cent more than the estimated project cost.
