Reliance Infrastructure wins Rs 882 cr order from NHAI

Mumbai Metro, one of RInfra’s projects

Reliance Infrastructure, the construction arm of the Anil Ambani Group, said it received a Rs 882 cr order for six-laning a 70 km stretch on National Highway 2 in Bihar.

“The scope of work includes design, engineering, procurement and construction of six-lane highway and associated bridges with paved shoulders,” said the company, which received a ‘letter of intent’ from the National Highway Authority of India.

The overall schedule for project is 24 months from the appointed date.

The work will be carried out between km 180 to km 250 on NH-2, which stretches from Aurangabad in Maharashtra to the Bihar-Jharkhand border.

The project is part of Government of India’s flagship National Highway Development Program, the company said.

Arun Gupta, who heads the engineering and construction division at Reliance Infrastructure said the award will add to the expansion of the companies’ presence in the road infrastructure space, in addition to its substantial presence in the power sector.

“We are poised to tap potential business opportunities in EPC domain in the areas of transportation, power, heavy civil works, and oil and gas,” he said.

The company said it is “keenly pursuing” project opportunities worth around Rs. 2 lakh crore to increase its EPC order book to Rs 50,000 crore by FY19.

For the same, it is looking at the transport sector in a big way. It said it has been shortlisted for projects like the Bandra-Versova Sea Link, Mumbai Coastal Road, and the Mumbai-Nagpur Expressway. It is also looking at railways, defence and ports.

The company’s construction division has executed projects worth Rs 33,000 crore, including the ultra mega power project (UMPP) of 3,960 MW at Sasan, Madhya Pradesh.

The Company currently operates eleven road projects with total length of 1,000 kms on build, operate and transfer (BOT) basis, it added.