Deals30 Sept 2025, 05:20 pm
Atlantaa Ltd Enters Agreement with IRCON for Expressway Project Worth Rs. 2485 Crore
AI Summary
Atlantaa Ltd has entered into an agreement with IRCON International Limited for the construction of the Bhandara - Gadchiroli Access Controlled Expressway in the State of Maharashtra on EPC Mode. The total value of the project is Rs. 2485 Crore plus GST. The agreement is in anticipation of the award of the project by Maharashtra State Road Development Corporation (MSRDC) to IRCON. Atlantaa Ltd will make further disclosures upon the award of the project to IRCON by MSRDC.
Key Highlights
- Atlantaa Ltd has entered into an agreement with IRCON International Limited for the construction of an Expressway Project worth Rs. 2485 Crore plus GST.
- The project is the Bhandara - Gadchiroli Access Controlled Expressway in the State of Maharashtra on EPC Mode.
- The agreement is in anticipation of the award of the project by Maharashtra State Road Development Corporation (MSRDC) to IRCON.
- IRCON had submitted the bid for the subject contract through legal and proper channels.
- IRCON has been declared L-1 for the subject package.