Home Policies and Schemes India International Convention & Expo Centre (lICC, Dwarka)

India International Convention & Expo Centre (lICC, Dwarka)

Brief about the Scheme

The Government of India has approved development of India International Convention and Expo Centre (IICC) in Sector-25, Dwarka, New Delhi & allied infrastructure in PPP and non-PPP Mode at an estimated cost of Rs.25,703 crore by the year 2025. Development of Exhibition & Convention space, arena, trunk infrastructure, Metro/NHAI connectivity, hotels, office and retail space etc. are visualised in the project. For development of this project, a Special Purpose Vehicle (SPV) i.e. India International Convention and Exhibition Centre Limited (lICC Ltd), a 100 % owned and controlled Company by Government of India represented through Department for Promotion of Industry and Internal Trade (DPIIT) has been incorporated on 19th December, 2017. Development of the project is visualised in two phases. In Phase-1, trunk infrastructure along with Exhibition-cum-Convention Centre is likely to be operational by July 2021. This phase is being implemented as non-PPP component. The remaining Exhibition Area such as hotels, retail and others to be developed by PPP developers in Phase – II and would be completed by 2025.

PROJECT STATUS

  1. L&T has been appointed as EPC Contractor for construction in Phase-I, Erection of steel structure and other construction works are on at site.

  2. Tunnelling works under Exhibition Hall – 3 has been completed by DMRC and handed over to L&T for further construction works.

  3. MoU has been signed with Delhi Metro Rail Corporation (DMRC) for Extension of Airport Express line to IICC Project and the construction work is going on at site. Works for metro station and other works related to DMRC are in full swing.

  4. MOU Agreement between BSES Rajdhani Power Ltd (BRPL) & IICC for Bulk power supply to IICC Dwarka has been signed.

  5. MoU Agreement For knowledge partnership between IICC and DMICDC for development of India International Convention and Expo Centre was signed on 26th October 2018.

  6. The payment has been transferred to NHAI for acquisition of 18.66 acres of land for external connectivity. Further, Work on Development of Dwarka Expressway and UER - II (which includes road connectivity to IICC complex) awarded by NHAI to J. Kumar Infraprojects Limited has commenced.

  7. Kinexin Convention Management Pvt. Ltd., a consortium of Korea International Exhibition Centre (KINTEX) and eSang Networks Company Limited has been appointed as the Operator for Exhibition and Convention Centre.

  8. A term loan amounting to Rs.2150.16 crore has been finalized from SBI with the approval of Board of IICC Limited.

  9. Hon'ble Prime Minister laid the foundation stone of this project on September 20, 2018.

  10. To ensure quality of construction at site, National Council for Cement and Building Materials (NCCBM) has been appointed for Consultancy Services for “Third Party Quality Assurance and Autid (TPQA)”.

  11. RfP for selection of Developer for Hotels in IICC Project has been issued on June 29, 2018 and the selection shall be conducted via e-Auction. MSTC has been engaged to conduct the e-Auction process for the same. RfP was withdrawn in October 2018 due to lack of response.

  12. 3 Nos. RfP for Plot No. 9, 19, 20, 21, 22 & 23 for 4 & 5-Star Hotels and Office Block of Mixed-Use Development area has been floated on 16th December 2019. Pre-bid meeting for Office Complex plots has been conducted on 15thJanuary 2020. Proposal due date and e-Auction date for Office Plots are 22ndJune 2020 & 29th June 2020 and for 4&5 Star Hotels are 06th July 2020 & 13thJuly 2020 respectively.

  13. e -Auction of 4 Office Plots in the mixed-use development (MUD) area of IICC Dwarka was conducted online on MSTC website on 29 June 2020. RFP could not be finalized in order to obtain better price by re-tendering/pre-auctioning.

L&T has been appointed as EPC Contractor for construction in Phase-I, Erection of steel structure and other construction works have commenced at site.

Hon'ble Prime Minister laid the foundation stone of this project on September 20, 2018.

MoU has been signed with Delhi Metro Rail Corporation (DMRC) for Extension of Airport Express line to IICC Project and the construction work is going on at site.

Following are the progress at site:

  1. Tunnelling works under Exhibition Hall – 3 has been completed by DMRC and handed over to L&T for further construction works.

  2. Works for metro station and other works related to DMRC are in full swing.

  3. MOU Agreement between BSES Rajdhani Power Ltd (BRPL) & IICC for Bulk power supply to IICC Dwarka has been signed. Cable laying and construction of GIS substion works are in progress.

  4. The payment has been transferred to NHAI for acquisition of 18.66 acres of land for external connectivity. Further, NHAI has awarded LoA for Package-II of development of Dwarka Expressway (which includes road connectivity to IICC Complex).
    KinexinConvention Management Pvt. Ltd., a consortium of Korea International Exhibition Centre (KINTEX) and eSang Networks Company Limited has been appointed as the Operator for Exhibition and Convention Centre.
    IDBI Capital Markets & Securities Limited has been appointed as Financial Advisor for raising loans for Phase-I of IICC and the contract has been signed. A term loan amounting to Rs.2150.16 crore has been finalized from SBI with the approval of Board of IICC.

  5. To ensure quality of construction at site, National Council for Cement and Building Materials (NCCBM) has been appointed for Consultancy Services for “Third Party Quality Assurance and Autid (TPQA)”.

  6. NHAI has awarded LoS to J. Kumar Infraprojects Limited for Package-II of development of Dwarka Expressway (which includes road connectivity.


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