Deals15 Oct 2024, 10:24 pm
G R Infraprojects Ltd Secures Pune Ring Road Project at Reduced Price
AI Summary
G R Infraprojects Ltd has announced the receipt of a Letter of Acceptance from Maharashtra State Road Development Corporation Limited for the construction of an access-controlled Pune ring road. The project, worth approximately INR 1885.63 Crores, is a reduction from the earlier offer bid price of INR 1997.07 Crores. The project, located in the Haveli and Bhor talukas of the Pune district in Maharashtra, involves the construction of a 9.341 km road on an EPC (Engineering, Procurement, and Construction) basis.
Key Highlights
- G R Infraprojects Ltd has been awarded a project to construct an access-controlled Pune ring road in Maharashtra.
- The project is worth approximately INR 1885.63 Crores, a reduction from the earlier offer bid price of INR 1997.07 Crores.
- The project involves the construction of a 9.341 km road on an EPC basis.
- The project is located in the Haveli and Bhor talukas of the Pune district in Maharashtra.
- The company will update stakeholders on any further developments related to the project.