Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
BUSINESS

Roadway Solutions India Secures 2 Major Projects Worth Rs 4,900 Crore

The company declared that with these new contracts, it has now crossed Rs 11,000 crore in its order book.

Roadway Solutions India Infra Ltd on Thursday 23 May said that the Maharashtra State Road Development Corporation (MSRDC) had awarded them two infrastructure projects valued at Rs 4,900 crore.

The company released a statement stating that it has been designated the lowest bidder for the projects mentioned above.

According to the statement, this initiative will improve connectivity and enable more efficient traffic flow across Pune.

Building the Pune District’s Access Controlled Pune Ring Road is one of the projects. Under the Engineering, Procurement, and Construction (EPC) process, the package begins in the Maharashtra village of Lonikand and ends close to the village of Walti. The project has a 2,251-crore rupee valuation.

The development of an Access Controlled Expressway Connector to Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra is the other project. Maharashtra’s Samruddhi Mahamarg runs from Jalna to Nanded.

The company declared that with these new contracts, it has now crossed Rs 11,000 crore in its order book.

The release also stated that the corporation is now working on three noteworthy packages—Packages 8, 9, and 10—at the Vadodara Mumbai Expressway in addition to these new endeavours.

Get Daily Prediction & Stocks Tips On Your Mobile