Larsen & Toubro (L&T) and Shapoorji Pallonji have submitted bids for construction of the proposed Telangana Secretariat Complex.
The evaluation of financial bids is likely to be taken up on 23 October 2020.
Earlier, Tata Projects, JMC Projects, Uttar Pradesh Projects had evinced interest in the project along with L&T and Shapoorji Pallonji.
However, in the next phase, only these two companies filed their bids which will be considered for the next process.
The existing Secretariat Complex has been demolished and a new facility is proposed to be developed by the state government with an outlay of around Rs 600 crore, which was revised upwards after new plan additions.
The complex is likely to have a total built-up area of about six lakh sq ft and construction is expected to be completed within 12 months.
Of the 26 acre area where the old Secretariat buildings were located under Saifabad limits overlooking Hussian Sagarlake and Naubat Pahad on the other side, it is proposed to undertake construction in two acre and the rest of the area will go in for greenery and landscaping.
The Roads and Buildings Department is the nodal authority overlooking the development process of the project.