||This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. (February 2014)|
|Location||Kolkata, West Bengal, India|
|Cost||100 crore rupees (2011 estimate)|
|Diameter||between 150 m (490 ft) and 180 m (590 ft) (proposed)|
|Design and construction|
|Architecture firm||Kolkata Metropolitan Development Authority|
It was first proposed in 2011, at which time it was expected to be between 150 m (490 ft) and 180 m (590 ft) in diameter, accommodate over 500 people in more than 30 passenger capsules, and take approximately 30 minutes to complete a full revolution.
In 2012 it was reported that the state urban development department had identified a two-acre plot, alongside the Hooghly River, belonging to the Kolkata Port Trust. State urban development minister Firhad Hakim said "once we are able to get the plot, a project report will be prepared, following which the expression of interest will be floated to invite private players to execute the project." Previously, the state government had written to the ministry of shipping to allow the plot to be auctioned by the Kolkata Port Trust, enabling the state government to buy it, and discussed the project, which it wished to implement on a public-private-partnership basis, with representatives of UK-based companies at Writers' Building. The port authorities also agreed to the proposal, the prodeeds from which would fund pension payments.
In 2014 steps to progress the project were taken by Chief Minister of West Bengal Mamata Banerjee. The Kolkata Metropolitan Development Authority is to be the nodal agency of the construction project.
The state urban development and municipal affairs minister under the Government of West Bengal Firhad Hakim said "the department had already acquired land for the project. Apart from selecting private players for the project, the government also intends to get in touch with UK-based experts for technical assistance."