Bhubaneswar: The cost for construction of the international hockey stadium at Rourkela to be named after Bisra Munda for Odisha Men’s Hockey World Cup-2023 has escalated to 180 crore from 120 crore amid a steep hike in steel prices.
The revised project cost of Rs 875 crore for development of the new hockey stadium and construction of sports infrastructure at Kalinga Stadium got the cabinet nod on Thursday. They would jointly host the quadrennial world championship from January 13-29.
The Kalinga Stadium is being upgraded with various facilities like India’s first indoor athletic stadium, indoor aquatic centre, centre tennis court, Hockey HPC building and accommodation facilities, an official release said.
While the project was approved on May 8, 2021, by the Cabinet at a total budget of Rs 432.454 crore, including all taxes and IDCO charges, the design and safety parameters were upgraded to make the structured disaster resilient based on site conditions and technical vetting by experts including IT Bombay and stadium experts from national/international federations
“This upgradation had an implication on the quantities of structural components. The price escalation of steel, POL, aluminium etc. is also a significant component in increasing the total project cost. Further, an increase in the GST rates from 12 to 18% has contributed to the escalation of the project cost,” it said.
New Delhi: Assembly elections in Jammu & Kashmir got underway on Wednesday on a peaceful…
Bhubaneswar: As several areas of Odisha faced a flood situation following heavy downpour triggered by…
Bhubaneswar: Pumping iron daily to become a weightlifter is no doubt a rugged and hazardous…
Bhubaneswar: The Odisha government on Wednesday issued fresh guidelines to ensure safety of doctors, para-medical…
New Delhi: A day after thousands of pagers belonging to Hezbollah exploded throughout Lebanon, hand-held…
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Wednesday welcomed the approval given by the…
Bhubaneswar: In view of Monkeypox outbreak and the World Health Organisation declaring a public health…
Mumbai: Squadron Leader Mohana Singh is flying high by breaking barriers. She will become India’s…