TATA projects wins the contract of Parliament work over L & T

The TATA company is again reigning at the top as it is all set to take up the rebuilding of India’s parliament building, Larsen and Toubro (L&T) which was competing against TATA Projects lost the prestigious opportunity in the final round. The process of company selection which was supposed to take place in Mach 2020 was delayed due to Covid-19. Approximately Rs.861.9 crore has been proffered by the TATA group for the project. The construction is likely to start after October 1 once the monsoon session of parliament ends. The Central vista which holds the Rashtrapati Bhavan at its pivotal point along with the Central Secretariat will be redeveloped according to the Central Vista Redevelopment initiative. By March 2022 the project would be completed which would also mark India’s 75 years of Independence.