Anil Ambani-led Reliance Infra bags Rs 1,907-cr contract for package-7 of Nagpur-Mumbai expressway
The contract involves the development of package-7 from 296 km to 347 km, which is a part of Maharashtra government's flagship Rs 46,000-crore and over 700 km long Samruddhi Mahamarg project
Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group, Reuters[/caption]The scope of work includes design, engineering, procurement and construction of six-lane expressway and associated structures and project facilities.The work is expected to be completed in 30 months from the appointed date."This marquee project will add great value to our order book, which now exceeds Rs 10,000 crore in the state itself, along with other prestigious projects like the Versova-Bandra Sea Link and Mumbai Metro elevated packages," said Arun Gupta, chief executive officer - EPC, RInfra.He further said the company is keenly pursuing project opportunities worth around Rs 2 trillion to increase its EPC (engineering procurement construction) order book to Rs 50,000 crore by the current financial year.
India remains among fastest-growing major economies despite global uncertainty, says RBI Bulletin
Iran war could cut global growth by more than half: World Bank’s chief economist Indermit Gill
Brent crude climbs to $94 as analysts expect oil prices to stay in $90–100 range
UK inflation cools further to 2.6% in June as transport and food prices ease
India's gem and jewellery exports jump 26.5% in June on stronger global demand