Indore Development Authority is looking for a developer to build and run a convention cum exhibition centre at Scheme No. 172, and the Indore convention centre tender closes at 6:00 PM on 27 November 2026.
A 45 year concession, not a works contract
This is a request for proposal for selection of a developer on PPP mode, issued by Indore Development Authority through the Directorate of Town and Country Planning, reference IDA/ETENDER/2026-27/194. The portal puts the project value at ₹5,45,77,00,000 and the work period at 16,425 days, which works out to 45 years. That period is the concession term, not the construction time.
So the party signing is a developer who finances, builds and then operates the centre. The construction itself goes out as packages below that, which is where contractors and fleet owners come in.
Reading the numbers before you commit
EMD is ₹2,75,00,000 with no exemption, and the tender fee is ₹1,18,000. Bids open at 11:30 AM on 30 November 2026. The portal lists the form of contract as item rate and the product category as miscellaneous works, which is how these PPP notices are usually tagged, so the RFP is the document that actually defines the obligations.
Scheme No. 172 is developed land inside the city, so access is tight and working hours are limited. Deep basements for parking mean a piling rig and excavators with low tail swing, and most of the spoil leaves by night. Structural concrete arrives in transit mixers because there is rarely room for a batching plant on site, and a tower crane plus a mobile crane handle steel and precast.
A 45 year concession also means the developer thinks about running cost from day one. Equipment choices made during construction, particularly for the services and the external works, carry into maintenance.
Key facts
Tender ID
2026_DTCP_543606_1
Reference no.
IDA/ETENDER/2026-27/194
Issuing authority
Directorate of Town and Country Planning, Indore Development Authority, Indore
Location
Scheme No. 172, Indore, Madhya Pradesh
Estimated value
₹545.77 crore (₹5,45,77,00,000)
EMD
₹2,75,00,000
Tender fee
₹1,18,000
Form of contract
Item rate on the portal; the notice is an RFP for selection of a developer on PPP mode
Selection of a developer to develop a convention cum exhibition centre on PPP mode at Scheme No. 172 in Indore, issued by Indore Development Authority.
What is the project value?
₹545.77 crore, shown on the portal as ₹5,45,77,00,000.
What does the 16,425 day period mean?
It is the concession term of about 45 years, covering development and then operation, rather than the construction duration.
What are the EMD and fee?
The EMD is ₹2,75,00,000 with no exemption allowed, and the tender fee is ₹1,18,000. Bids close at 6:00 PM on 27 November 2026.
Tender details are summarised for convenience and may change. Always verify the latest dates, terms and documents on the official tendering portal before bidding. DesiMachines is not responsible for changes made by the issuing authority.
Bidding with your own machines?Tenders often ask for machine papers such as the RC, insurance and invoice. Keep them in one private place on My Machine and get a reminder before insurance or service falls due. Free.
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