Ramky Infrastructure receives provisional completion certificate for the project in J&K.
The company’s subsidiary Srinagar Banihal Expressway had received the project ‘rehabilitation, strengthening and four laning of Srinagar to Banihal, section of NH-1A on DBFOT (Annuity) basis in Jammu & Kashmir under NHDP-Phase-II from National Highways Authority of India (NHAI).
In its filing the company stated, “Srinagar Banihal Expressway has received ‘Provisional Completion Certificate’ from independent engineer and declared fit for entry into commercial operations of the project highway effective from March 27, 2018.”
Moreover, this certificate means that the company is now authorized to receive annuity from NHAI as per the provisions of Concession Agreement.
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