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MMRDA to extend bid submission date for Wadala tower project

Tuesday, 21 Jul 2009
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The MMRDA is planning to extend the last date for submission of bids for its 101-storey 'Iconic Tower' project in Wadala, Mumbai.

As many as nine construction firms - both national and international - have now requested extension citing economic slowdown. The tower project is estimated to cost Rs 2,500 crore to be implemented on BOT basis.

Now, the final submission date is likely to be extended by a month. The companies have sought extra time to work out JVs with their foreign counterparts. Currently, the last date for bid submission is 31 July 2009.

The nine companies that have evinced interest in constructing the tower are: Akruti City, Tata Realty Infrastructure, IL&FS Transportation Networks, Indiabulls, Top Value Deal Developers, Shapoorji Pallonji Group, Reliance Infrastructure, Larsen & Toubro and Gammon India.

Meanwhile, the MMRDA has also extended the last date of submission for bids for designing and offering consultancy for the proposed tower. Around 23 companies have evinced interest in providing consultancy for the tower. The last date of bid submission for consultants is now 7 August 2009.

Also See:

MMRDA to give a makeover to Mahabaleshwar, Panchgani (18-Jul-09)

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