+
NSSCDCL forecloses Shapoorji Pallonji’s contract of Smart City
SMART CITIES

NSSCDCL forecloses Shapoorji Pallonji’s contract of Smart City

In a major development, Nagpur Smart and Sustainable City Development Corporation (NSSCDCL) while rejecting the claim of damages sought by M/s Shapoorji and Pallonji, the Board of Directors decided to foreclose its Rs 6.30 billion contract for Smart City. A meeting of board of directors of NSSCDCL was held at Smart City office in Chhattrapati Shivaji Maharaj Administrative Building of Nagpur Municipal Corporation (NMC).

A communique from NSSCDCL stated that the decision about foreclosure of the contract had approval from the special purpose vehicle of Shapoorji and Pallonji saying the company failed to complete the work within extended time-frame upto June 30, 2022, albeit post payment of compensation of Rs 152.5 million as against claim of Rs 4.48 billion.

M/s Shapoorji Pallonji Company was awarded work for design and construction of roads, bridges, culverts, sidewalks, and MEP works, PHE works including associated civil works on Tender Sure concepts in Area Based Development Area in East Nagpur. The total cost of the project was envisaged to be around Rs 6.50 billion.

Also Read
Maharashtra Government plans to develop Neral-Karjat industrial region
Supply-demand gap for affordable housing in MMR

In a major development, Nagpur Smart and Sustainable City Development Corporation (NSSCDCL) while rejecting the claim of damages sought by M/s Shapoorji and Pallonji, the Board of Directors decided to foreclose its Rs 6.30 billion contract for Smart City. A meeting of board of directors of NSSCDCL was held at Smart City office in Chhattrapati Shivaji Maharaj Administrative Building of Nagpur Municipal Corporation (NMC). A communique from NSSCDCL stated that the decision about foreclosure of the contract had approval from the special purpose vehicle of Shapoorji and Pallonji saying the company failed to complete the work within extended time-frame upto June 30, 2022, albeit post payment of compensation of Rs 152.5 million as against claim of Rs 4.48 billion. M/s Shapoorji Pallonji Company was awarded work for design and construction of roads, bridges, culverts, sidewalks, and MEP works, PHE works including associated civil works on Tender Sure concepts in Area Based Development Area in East Nagpur. The total cost of the project was envisaged to be around Rs 6.50 billion. Also Read Maharashtra Government plans to develop Neral-Karjat industrial region Supply-demand gap for affordable housing in MMR

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code