Estimated cost shoots up, mid-sea Shivaji memorial stares at further delay

  |   India News

The proposed mid-sea memorial to Chhatrapati Shivaji, a warrior king known to stay away from self-aggrandisement, is once again under a cloud with its estimated cost being seen as expensive symbolism only to assuage voters’ sentiments. Last month, the state Public Works Department received a Rs 3,826-crore bid for construction of the first phase of the memorial.

The bid was considerably higher than the state’s estimate for the first phase, which was pegged at Rs 2,500 crore while the entire project was estimated to cost approximately Rs 3,600 crore.

“The state has to decide on the issue. We will look into how we can lower the cost of the project. Otherwise, we may have to call for fresh bids,” a senior state government official said. Re-tendering could result in a further delay to the project, with the anticipated launch of construction in June now unlikely.

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