Hyderabad: In a major development, the country's largest tunnel aquarium will be built in the suburbs of Hyderabad cityof Hyderabad, officials said. It is learnt that the mega project will be developed with a government-private partnership at an estimated cost of Rs 350 crore. The Hyderabad Metropolitan Development Authority (HMDA), which is executing the project, invited global tenders on Friday in this regard.
A deadline has been set to submit tenders by the end of this month. First, the technical bids will be scrutinized, followed by the price bid. An official said that the company which wins the tender will be required to complete the project in the next two years. The project will be handed over to the company that wins the bid for a period of 30 years on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis, an official associated with the project said.
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