RInfra wins Rs.882 cr road contact

    RInfra wins Rs.882 cr road contact
    Reliance Infrastructure (RInfra) in a recent catch has bagged a Rs.882 contract from the National Highways Authority of India (NHAI) for six-laning of Aurangabad to Bihar–Jharkhand border (Chordaha) section of NH-2 in Bihar. In this connection, the company has received the Letter of Award (LoA) for the project from NHAI under the National Highway Development Program (phase V), to be developed on engineering, procurement and construction (EPC) basis. The scope of work includes design, engineering, procurement and construction of a six-lane highway and associated bridges with paved shoulders and is expected to be completed within 24 months from the appointed date, said Chief Executive Arun Gupta, explaining that the contract is reflective of the company’s steadily expanding footprint in the road infrastructure space following the growing presence in mega projects in power sector, both in the international and domestic markets. The company is poised to tap potential business opportunities in the EPC domain in the areas of transportation, power, heavy civil works, and oil and gas and the company is keenly pursuing project opportunities worth around Rs.2 trillion to increase its EPC order book to Rs.50,000 crore by next fiscal.
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