HomeNation NewsIndore Development Authority to decide on Rs 1,100 cr projects in next...

Indore Development Authority to decide on Rs 1,100 cr projects in next board meeting

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Indore (Madhya Pradesh): Choice on vital projects price over Rs 1,100 cr, together with the Rs 450 cr Consequence up Park on Tremendous Hall, could be taken on the next board meeting of the Indore Development Authority (IDA), which is most likely to be held throughout the next fortnight.

The IDA board meeting may no longer be held due to type code of behavior on account of the civic polls.

Lately, IDA gained tenders for 3 flyovers, that have to be licensed, and likewise factor the paintings orders.

Choice on appointing architectconsultants for building of a Consequence up Park, unfold over 20 acres on Tremendous Hall, can also be taken. The park can be evolved at a price of Rs 450 cr.

IDA board individuals may also decide on building works to be began in 4 TPS schemes licensed by way of the federal government. Within the following board meeting, an approval of Rs 500 crore was once taken. Now one antiquated is being referred to as for these types of works.

IDA officers stated that for the Bhanwarkuan flyover they have got gained a antiquated for Rs 47.23 cr from Indore’s Ferro Notion Consulting India Pvt Ltd. The tenders of Luv Kush Sq. and Khajrana Sq. have additionally been gained by way of IDA however due to the type code of behavior they weren’t opened. Tenders for each those flyovers can also be opened in upcoming days.

IDA has estimated that those two flyovers will price Rs 117 crore, out of which the development price of Luv Kush flyover can be Rs 62 cr and Khajrana flyover can be Rs 55 cr. The precise quantity, on the other hand, could be identified handiest after the tenders are opened.

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<!– Printed on: Friday, August 05, 2022, 01:41 AM IST –>


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