Latest news with #GoaStateInfrastructureDevelopmentCorporation
Time of India
15 hours ago
- Business
- Time of India
New deadline for Curchorem Ravindra Bhavan
Margao: The much-anticipated phase II extension of Ravindra Bhavan in Curchorem is likely to be completed by Sep 31, the latest timeline set by the department of art and culture for completing all pending works. Official records reveal that while the amphitheatre and mini auditorium are structurally complete, interior works remain pending, preventing their immediate use. The project was plagued by multiple setbacks, including the Covid-19 pandemic's impact on manpower and material supply, design changes to the tensile fabric roof system for better structural stability, and contractor-related issues. Most significantly, the interior and allied works contractor was terminated in Dec 2023 due to poor performance, necessitating a fresh tendering process. Financial data reveals that the project's total cost escalated to Rs 27 crore, with Rs 24 crore already disbursed to contractors. The main civil, electrical, and firefighting works component, valued at Rs 20 crore, is 95% complete. However, interior works, originally worth over Rs 20 crore, remain only 50% finished under the new contractor arrangement. The audio-video systems installation is significantly behind schedule at just 30% completion, and doubts persist over its completion before the Sep 31 deadline. Notably, while major infrastructure components like CCTV systems and electrical metering are fully completed, the project's core entertainment facilities remain incomplete. The Rs 1.2 crore audio-video component has seen only Rs 75 lakh in payments, indicating substantial pending work that could further delay the project's operational readiness. The Goa State Infrastructure Development Corporation is overseeing the project through appointed project management consultants. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
Economic Times
12-07-2025
- Business
- Economic Times
Goa govt approves infra projects worth Rs 149 cr
— DrPramodPSawant (@DrPramodPSawant) Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The Goa State Infrastructure Development Corporation (GSIDC) has approved infrastructure projects worth Rs 149 crore, including a hostel at medical college, reconstruction of a bridge and redevelopment of government buildings. Chief Minister Pramod Sawant chaired the 206th board meeting of the GSIDC on important infrastructure projects aimed at public convenience, urban rejuvenation, and institutional development were approved during the meeting, said a state government projects include a new boys' hostel at the Goa Medical College in Bambolim for an estimated cost of Rs 113 crore and the demolition and reconstruction of a bridge at St Estevam village in North Goa at a cost of Rs 21 GSIDC also approved the development of the old bus stand at Margao in South Goa at an estimated cost of Rs 12 crore, upgradation of the municipal market at Sankhalim and redevelopment of old government buildings in chief minister addressing the Board said these projects were part of the state government's commitment to upgrading civic infrastructure, improving public utility spaces, and building modern, accessible facilities for emphasised that the GSIDC continues to play a pivotal role in shaping Goa's infrastructure with quality and speed and that the government is committed to delivering timely and efficient public infrastructure for Viksit Goa 2037.
Time of India
12-07-2025
- Business
- Time of India
Goa govt approves infra projects worth Rs 149 cr
The Goa State Infrastructure Development Corporation (GSIDC) has approved infrastructure projects worth Rs 149 crore, including a hostel at medical college, reconstruction of a bridge and redevelopment of government buildings. Chief Minister Pramod Sawant chaired the 206th board meeting of the GSIDC on Friday. Several important infrastructure projects aimed at public convenience, urban rejuvenation, and institutional development were approved during the meeting, said a state government spokesperson. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Want to know more? click here Undo The projects include a new boys' hostel at the Goa Medical College in Bambolim for an estimated cost of Rs 113 crore and the demolition and reconstruction of a bridge at St Estevam village in North Goa at a cost of Rs 21 crore. — DrPramodPSawant (@DrPramodPSawant) Live Events The GSIDC also approved the development of the old bus stand at Margao in South Goa at an estimated cost of Rs 12 crore, upgradation of the municipal market at Sankhalim and redevelopment of old government buildings in Margao. The chief minister addressing the Board said these projects were part of the state government's commitment to upgrading civic infrastructure, improving public utility spaces, and building modern, accessible facilities for people. He emphasised that the GSIDC continues to play a pivotal role in shaping Goa's infrastructure with quality and speed and that the government is committed to delivering timely and efficient public infrastructure for Viksit Goa 2037.
Time of India
22-06-2025
- Time of India
Old Goa-Gaundalim road to be closed from Monday for overbridge construction
Panaji: The road from Old Goa to Gandaulim will be closed for traffic from June 23 onwards as Goa State Infrastructure Development Corporation (GSIDC) plans to hasten the construction of the road overbridge. The public can take the Banastarim route or the Corlim industrial estate route to head to Marcel, Amona, Sanquelim, and beyond. 'We hope to complete the work by Dec but it could take another month or so if the monsoons carry on for longer,' said Cumbarjua MLA Rajesh Faldessai. 'The work will progress faster if the road is closed.' The stretch experiences traffic snarls every day because of the railway crossing. Peak congestion occurs in the morning when parents ferry their children to school and residents commute to the office. GSIDC initially announced the road closure for the flyover in Feb but did not enforce it as many commuters complained of inconvenience. The construction work is likely to go on for eight to nine months but could take longer, said GSIDC officials. According to a GSIDC official, around 17 pillars have already been erected. The road overbridge is likely to cost Rs 40 crore to build. Land acquisition for the road overbridge was completed last year, however, the construction was delayed due to the Exposition of the relics of St Francis Xavier.
