PSP Projects Receives Contract To Build SMC Twin Tower
Real Estate

PSP Projects Receives Contract To Build SMC Twin Tower

PSP Projects Ltd (PPL), an Ahmedabad-based company, has been awarded a Rs 13.44 billion contract to build the twin towers that will house the administrative and other departments of the Surat Municipal Corporation (SMC).

The standing committee approved the design for the 27-story buildings, which will be the tallest in South Gujarat.

The former Sub Jail property on Ring Road, where the towers would be built, is owned by the state government and has a built-up area of 2.20 lakh square meters. It's worth noting that the ground-breaking ceremony for SMC's new administrative building was performed in 2014 by then-Chief Minister Anandiben Patel.

However, because the structural design was revised, the project went through several stages and was delayed. Each skyscraper will be 105.3 meters tall and will have four subterranean parking spaces with a capacity of 4,400 vehicles.

State and central government offices would be housed in Tower B, while SMC offices from 35 different departments would be housed in Tower A. Along with elected members' offices, the buildings will include a civic centre, library, and security and monitoring room.

There will be 36 elevators, a 200-seat boardroom, a 100-seat standing committee room, and six committee rooms with a 35-person capacity each. A solar power plant will be located on the rooftop. The lower-level patio floor will be used by staff for a range of recreational pursuits.

Ketan Desai, SMC City Engineer Special Cell said, “The value of the space allotment for these offices to the government department will be on per square feet depending on the formula of construction costs, operation and maintenance expenses and land value. We are working on this formula but various changes may come up in future. This project will be completed in three years, excluding the monsoon season. The expenses will be borne by SMC, the state government and the Central government.”

Instead of the previous proposal to have SMC offices in both towers so that people could complete their work in one location, Prime Minister Narendra Modi urged that offices of various departments of the state and central governments be included in the buildings.

PSP will also have a five-year operating and maintenance contract for the twin towers. The firm has completed numerous government projects, including the rehabilitation of the Gujarat Assembly building in Gandhinagar, the CG Road Redevelopment, and the Sabarmati Riverfront. With a contract worth Rs 1,575 crore, it is currently constructing the Surat Diamond Bourse near Khajod.

See also:
PSP Projects gains on emerging as L1 bidder for govt project
Govt nods six town planning schemes in three Gujarat cities


PSP Projects Ltd (PPL), an Ahmedabad-based company, has been awarded a Rs 13.44 billion contract to build the twin towers that will house the administrative and other departments of the Surat Municipal Corporation (SMC). The standing committee approved the design for the 27-story buildings, which will be the tallest in South Gujarat. The former Sub Jail property on Ring Road, where the towers would be built, is owned by the state government and has a built-up area of 2.20 lakh square meters. It's worth noting that the ground-breaking ceremony for SMC's new administrative building was performed in 2014 by then-Chief Minister Anandiben Patel. However, because the structural design was revised, the project went through several stages and was delayed. Each skyscraper will be 105.3 meters tall and will have four subterranean parking spaces with a capacity of 4,400 vehicles. State and central government offices would be housed in Tower B, while SMC offices from 35 different departments would be housed in Tower A. Along with elected members' offices, the buildings will include a civic centre, library, and security and monitoring room. There will be 36 elevators, a 200-seat boardroom, a 100-seat standing committee room, and six committee rooms with a 35-person capacity each. A solar power plant will be located on the rooftop. The lower-level patio floor will be used by staff for a range of recreational pursuits. Ketan Desai, SMC City Engineer Special Cell said, “The value of the space allotment for these offices to the government department will be on per square feet depending on the formula of construction costs, operation and maintenance expenses and land value. We are working on this formula but various changes may come up in future. This project will be completed in three years, excluding the monsoon season. The expenses will be borne by SMC, the state government and the Central government.” Instead of the previous proposal to have SMC offices in both towers so that people could complete their work in one location, Prime Minister Narendra Modi urged that offices of various departments of the state and central governments be included in the buildings. PSP will also have a five-year operating and maintenance contract for the twin towers. The firm has completed numerous government projects, including the rehabilitation of the Gujarat Assembly building in Gandhinagar, the CG Road Redevelopment, and the Sabarmati Riverfront. With a contract worth Rs 1,575 crore, it is currently constructing the Surat Diamond Bourse near Khajod. See also: PSP Projects gains on emerging as L1 bidder for govt project Govt nods six town planning schemes in three Gujarat cities

Next Story
Building Material

JK Cement emerges successful bidder for Mahan coal mine in Madhya Pradesh

This marks the company’s second commercial coal block win, following its acquisition of the West of Shahdol (South) coal block. "The company is committed to becoming self-reliant for its existing cement plants and upcoming projects," JKC stated. The surplus coal from the mine will be sold commercially. The vesting order was handed over to JK Cement during a ceremony at Shastri Bhawan, New Delhi, a critical milestone for commencing mining operations within the stipulated timeline...

Next Story
Building Material

Prism Johnson's cement division goes live with Ramco ERP Suite

Prism Johnson has successfully gone live with the Ramco ERP Suite for its Cement Division. This milestone marks a significant step in Prism Johnson's digital transformation journey, leveraging Ramco Systems' advanced enterprise solutions and process control systems to streamline business processes, manufacturing operations and drive efficiency. The implementation includes cutting-edge modules for Maintenance, Sales, Distribution, Finance, Procurement, Manufacturing, Quality, and HR Management (HRM). These solutions enable Prism Johnson to achieve seamless integration across its business and wo..

Next Story
Infrastructure Urban

Indian shadow bank Shriram Finance gets record $1.28 billion loan

Shriram Finance Ltd. is reported to have borrowed $1.28 billion in a multi-currency social loan, marking the largest offshore facility ever undertaken by an Indian shadow lender. According to a press release issued by Shriram, the deal is divided across the dollar, euro, and dirham. Sources familiar with the transaction, who wished to remain anonymous, indicated that the tenors in the multi-tranche deal range from three to five years. This loan adds to the surge of offshore debt sales by Indian shadow lenders this year, a trend prompted by the Reserve Bank of India's tightening of rules in Nov..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000