Nation

Chhatrapati Shivaji Maharaj Memorial to cost Rs 2,500 crore

March 03, 2018 06:11 PM
Design of Chhatrapati Shivaji Maharaj Memorial, Mumbai

Mumbai: The state government on Thursday finalised a Rs 2,500-crore deal with Larsen & Toubro for building a 210-metre tall Shivaji memorial, pegged as world’s tallest statue, off the Mumbai coast. L&T must complete the project in 36 months.

After handing over the letter of acceptance to L&T directors, CM Fadnavis said, “It’s a historic day. The project was envisaged years ago. This government has got all the permissions and with the same speed will complete the project.” L&T will take a couple of months to finalise the design.

The government has been negotiating the cost with L&T for almost a year. The infra giant, which had emerged as the lowest bidder in April 2017, had quoted Rs 3,826 crore— 60% over the state’s estimate of Rs 2,300 crore. The firm finally agreed to bring down the cost to Rs 2,500 crore-plus taxes.

After handing over the letter of acceptance to L&T directors, CM Fadnavis said, “It’s a historic day. The project was envisaged years ago. This government has got all the permissions and with the same speed will complete the project.” L&T will take a couple of months to finalise the design.v

The proposed statue will have a height of around 192 metres, which on completion would be the highest statue in the world. 

The objective of this project is to provide Project Management Consultancy (PMC) services for Structural design, detailed drawings, supervision of construction, equipment planning, training and commissioning, master planning of area and preparation of DPR including:

  • Master pan for 15.96 hector area with Technical & Feasibility Studies.
  • Landscaping of the entire area.
  • Financial studies evaluating the revenue generation and financing mechanisms for various project components.
  • Cultural studies to enhance the project educational value to the public.
  • Tourism plan to attract domestic and international visitors and improve the project attractiveness and revenue generation
  • Architectural plan
  • All civil & marine structures which include:
    • An International Monument Memorial of Chhatrapati Shivaji Maharaj
    • A statue of Chhatrapati Shivaji Maharaj of height of about 190 m as envisaged in concept plan
    • Art museum of about 4000 sqm area
    • An amphitheatre and auditoriums of capacity 500 and 2000 respectively
    • A exhibition gallery
    • World Class Aquarium
    • Library
    • Viewing galleries within the statue at the various levels
    • Administrative Block
    • Helipads
    • Jetties, sea wall, breakwaters
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