Shapoorji Pallonji bids lowest for Rajpath redevelopment

New Delhi: Infrastructure firm Shapoorji Pallonji and Company has emerged as the lowest bidder for the Rajpath redevelopment project quoting Rs 477.08 crore, which is 4.99% less than the estimated cost, according to CPWD’s bid documents. Tata Projects quoted the second-lowest bid amount of Rs 488.78 crore for the Central Vista Avenue/Rajpath redevelopment project being executed under the government’s Rs 13,500 crore Central Vista revamp project.

An official said that the historic Rajpath will go for redevelopment work soon after hosting the Republic Day parade on January 26. The work may be completed before the 2022 Republic Day parade.

The Rajpath redevelopment project includes large-scale stone work, construction of underpasses, underground amenities blocks and horticulture work, the official said.