The NBCC (India) Limited has announced to redevelop existing Pragati Maidan Complex into a World class state-of-the-art Integrated Exhibition-cum-Convention Centre (IECC) at a cost of Rs 2,500 crore.
The announcement was made during a Press conference recently organized in New Delhi jointly by India Trade Promotion Organisation (ITPO) and NBCC (India) Limited.
The CMD of ITPO, LC Goyal has released the layout and the design of IECC and an outline of comprehensive solutions to decongest traffic in and around Pragati Maidan.
The IECC is being conceived by NBCC in association with ARCOP Associates and Aedas Pte of Singapore, Bureaucracy Today has learnt.
Releasing an official statement, the NBCC said to develop IECC with latest architectural design along with basement parking facility of 4800 vehicles and comprehensive traffic decongestion interventions.
The existing Pragati Maidan Complex that so far organises National and International exhibitions and facilitate holding of various other events will now be converted to a 32.4 metres tall building having elevated podium with unique slopping facade.
Furthermore, the Convention Centre will have a capacity of 7000 pax in a single format and an amphitheatre with 3000 pax. There will be altogether 30 Meeting Rooms, and the complete structure of the Centre will be built with a mix of red stone and Dholpur white stone and GFRC, NBCC said.
It is learnt that all the necessary approvals to construct the Convention Centre have been obtained except the environmental clearance from the Ministry of Environment and Forest (MOEF), which is in the process and is expected to be cleared soon.
The construction work has been announced to commence in July 2017 and is expected to complete the entire project by July- August, 2019.