Globe Civil Projects Wins INR 99 Crore IIT Delhi Construction Bid
Filing Summary
Globe Civil Projects Limited has been identified as the lowest bidder for a construction project at the IIT Delhi Extension Campus. The project, valued at INR 99 crore, involves building a residential structure with three basements, a ground floor, and eleven additional floors. The project is expected to be completed within 18 months. This development adds significantly to the company’s order book. The tender was processed through the Government E-Procurement System, and the formal Letter of Award is anticipated shortly.
Globe Civil Projects Limited has emerged as the lowest bidder for a construction project at the Indian Institute of Technology (IIT) Delhi Extension Campus. The project involves the construction of a residential building with three basements, a ground floor, and eleven floors. The tender was opened on February 27, 2026, through the Government E-Procurement System. The company is awaiting the formal Letter of Award.
The total value of the project is approximately INR 99 crore. This amount covers the construction of the residential building and allied services. The project is structured as a Bill of Quantities (BOQ)-based contract. The financial terms are expected to be finalized upon the issuance of the formal Letter of Award. The project will contribute significantly to the company’s order book, enhancing its financial standing.
The scope of the project includes the construction of a residential building comprising three basements, a ground floor, and eleven additional floors. Allied services are also part of the project scope. The construction will take place at the IIT Delhi Extension Campus, located in Sector-3, R.K. Puram, New Delhi. The project is a domestic contract, focusing on infrastructure development within India.
The tender process was conducted through the Government E-Procurement System, ensuring transparency and competitiveness. Globe Civil Projects Limited’s identification as the lowest bidder highlights its competitive pricing and technical capabilities. The project is expected to enhance the company’s reputation in the public infrastructure sector.
The project has a stipulated completion period of 18 months from the date of the formal Letter of Award. Globe Civil Projects Limited will manage the construction and allied services, ensuring adherence to the timeline. The company is coordinating with the Indian Institute of Technology Delhi for the project’s successful execution.
Indian Institute of Technology Delhi is a premier educational institution in India, known for its focus on engineering and technology. The institute regularly undertakes infrastructure projects to enhance its facilities and support its academic programs.
Globe Civil Projects Limited is an Engineering, Procurement, and Construction (EPC) company engaged in civil and infrastructure projects across India. The company focuses on quality execution, cost efficiency, and timely delivery. With experienced management and established project execution capabilities, Globe Civil Projects Limited continues to expand its presence in the infrastructure sector while maintaining disciplined operational and financial practices.