Larsen and Toubro, who had submitted a bid of Rs. 865 crore, were beaten by Tata Projects.
Tata Projects have won a contract to build the new parliament building at a cost of 861.90 crore, NDTV reported.
Larsen and Toubro, who had submitted a bid of Rs. 865 crore, were beaten by Tata Projects.
The bids for the construction of a new parliament building were opened today by the Central Public Works Department.
The project is expected to get completed in a year.
A cost of Rs. 940 crore for the project was earlier estimated by the government civic body.
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