
Deals17 Feb 2024, 09:37 pm
OMAXE LTD. AWARDED CONTRACT FOR DEVELOPMENT OF BUS TERMINALS IN UTTAR PRADESH
AI Summary
Omaxe Ltd. has been awarded a contract by Uttar Pradesh State Road Transport Corporation (UPSRTC) for the development of two bus terminals in Uttar Pradesh. The project involves the development of commercial complexes and bus terminals on a design, build, finance, operate, and transfer (DBFOT) basis under the SEBI LODR Regulations. The project is expected to be completed within an estimated time period of 2 years from the appointed date, with an estimated construction cost of INR 4017 million.,
Key Highlights
- Awarded contract for development of two bus terminals in Uttar Pradesh
- Project to be developed on DBFOT basis under SEBI LODR Regulations
- Estimated construction cost of INR 4017 million
- Expected completion within 2 years from appointed date