Cost rises four times since 2006, project still incomplete
In the four years since the civic body decided to beautify the Powai Lake waterfront in 2006, cost of the project has been revised upwards thrice. Now, another proposal for increasing the allotment will be tabled before the standing committee on Thursday.mumbai Updated: Mar 25, 2010 01:06 IST
In the four years since the civic body decided to beautify the Powai Lake waterfront in 2006, cost of the project has been revised upwards thrice. Now, another proposal for increasing the allotment will be tabled before the standing committee on Thursday.
The original cost of the project was pegged at Rs 10.07 crore. It was increased to Rs 16.4 crore in 2006 and another such variation in the proposal was done in 2007 where the cost was pushed up to Rs 29.56 crore.
In 2008 the cost was escalated to Rs 33.99 crore on the basis that the scope of the work on the site had increased.
The latest proposal seeks for the cost to be increased from Rs 33.99 crore to Rs 40.6 crore — four times the original cost of the project.
“The variation is required as a lot of work on the site is needed to be completed was not included in the scope of work earlier,” said a civic official.
The revamped lake will have a retaining wall and a jogging track stretching across 2 km.
It will also house a nature park with shrubs, flower beds, trees, lawns with pathways, seating arrangements, a children's play area, viewer's dock, apart from toilets and water fountains.
Three fountains with water jets will also be located in the lake, while speakers will be mounted on poles along the jogging track and pathways.
The lake will also have a musical fountain.
“The cost has escalated because the electrical fittings, installing street lights, mask lights were not included in the earlier tender,” said Deputy Hydraulic engineer, Pramod Guhe.
“The scope of horticulture work has also gone up along with the cost of the three fountains.”
Mayor Shraddha Jadhav visited the site last week to inspect the progress of the work.
“The work on the project will be completed by April 30. However, the musical fountain will take a while because a huge stone has been detected at the spot and it will need to be cut,” added the civic official.