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Indore Development Authority Seeks Private Operator for Lata Mangeshkar Auditorium
The Indore Development Authority built the Lata Mangeshkar Auditorium and has been running it for two years.
Now, it wants a private company to manage the building and its other commercial activities.
The auditorium cost more than ₹30 crore to build.
It can seat over 1,200 people and hosts events about 10 days a month.
The authority charges about ₹1.5 lakh for each event.
Electricity alone reportedly costs about ₹50,000 per event.
Companies interested in managing the venue can submit bids online.
A meeting about the tender is planned for October 23, and bids must be submitted by November 4.
The authority is also seeking private operators for some of its other public facilities.
The Indore Development Authority has invited tenders for a private firm to operate and maintain the Lata Mangeshkar Auditorium.
The authority spent more than ₹30 crore building the auditorium and has operated it for the past two years.
Located in Rajendra Nagar, the venue seats more than 1,200 people and is booked about 10 days each month.
The IDA charges about ₹1.5 lakh per event, while electricity costs are reportedly around ₹50,000 per event.
The tender requires ₹3 lakh in earnest money; a pre-bid meeting is scheduled for October 23, and bids are due November 4.
- Who
- The Indore Development Authority and private firms interested in operating the auditorium.
- What
- The IDA has invited tenders to outsource the auditorium’s operation, maintenance, management and commercial activities.
- Where
- Lata Mangeshkar Auditorium, Rajendra Nagar, Indore, Madhya Pradesh.
- When
- The pre-bid meeting is scheduled for October 23; online tender submissions are due November 4. The article does not state the year.
- Why
- The IDA currently handles operations and expenses, including electricity, cleaning and maintenance, and is pursuing outsourcing for its infrastructure.
Key facts
- Construction cost
- More than ₹30 crore
- Seating capacity
- More than 1,200 people
- Bookings
- About 10 days per month
- Event charge
- About ₹1.5 lakh per day
- Reported electricity cost
- Around ₹50,000 per event
- Tender earnest money
- ₹3 lakh
- Tender dates
- Pre-bid meeting: October 23; submission deadline: November 4. Year not stated.
Sources
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