Tata Group Wins Bid to Construct New Parliament Building at Cost of Rs 861.90 Crore

poornima lagadapati

Active member
The Tata Projects Ltd has won the bid to construct the new Parliament building at a cost of Rs 861.90 crore, officials said.

After the Central Public Works Department (CPWD) opened financial bids on Wednesday for the construction of the new building, Tata Projects Ltd submitted a bid worth Rs 861.90 crore, while Larsen and Toubro Ltd quoted Rs 865 crore.

Himanshi Agarwal

Well-known member
India’s biggest conglomerate Tata has been selected to build the country’s new Parliament building, which is expected to cost $117 million and likely to be completed in 21 months, so Prime Minister Narendra Modi can celebrate India’s 75 years of independence in 2022 in style.
This new Parliament building is part of Modi’s grand $2.7 billion plan to modernise the old colonial government buildings of the capital under the Central Vista redevelopment project, which also includes a new residence for him.