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The latest announcement is out from Ramky Infrastructure Limited ( (IN:RAMKY) ).
Ramky Infrastructure Limited has secured an engineering, procurement and construction contract from Maharashtra Industrial Township Limited for infrastructure development at the Dighi Port Industrial Area, Phase I Package A. The project, valued at about INR 1,401 crore including GST and operations and maintenance revenues, covers roads, water supply and treatment, sewage and effluent networks, recycled water systems, stormwater drainage, power distribution and ICT infrastructure.
The EPC work is to be completed within 930 days from the appointed date, followed by four years of operations and maintenance, with an option to extend for another six years by mutual agreement. By executing this large-scale industrial and urban infrastructure project, Ramky Infrastructure aims to strengthen its position as a key player in sustainable development initiatives led by state and central governments, enhancing its track record in complex integrated infrastructure works.
More about Ramky Infrastructure Limited
Ramky Infrastructure Limited is an India-based engineering and construction company focused on industrial and urban infrastructure projects. The company delivers design, development, engineering, procurement and construction services across roads, utilities, water and wastewater systems, power distribution and related civic infrastructure, and is certified under ISO standards for quality, environment and occupational health and safety management.
Average Trading Volume: 1,893
Technical Sentiment Signal: Sell
Current Market Cap: 30.8B INR
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