Ramky Infra bags two road projects worth Rs.2,240.65 crore

December 1st, 2011 - 6:42 pm ICT by IANS  

Mumbai, Dec 1 (IANS) Ramky Infrastructure Thursday said it has bagged two road projects worth Rs.2,240.65 crore from the National Highways Authority of India (NHAI).

The first project is for six-laning of the Agra-Etawah bypass section of National Highway (NH)-2 under the National Highways Development Project (NHDP) Phase V in Uttar Pradesh, the company said in a regulatory filing.

The second project is for four-laning of the Hospet-Chitradurga section of NH-3 in Karnataka under NHDP Phase III, it added.

The estimated costs of the projects are Rs.1,207.00 crore and Rs.1,033.65 crore, respectively. The concession period for the first project is 30 years and for the second 25 years. Both the projects include a construction period of 910 days each.

At the Bombay Stock Exchange, the shares of the company closed 4.75 percent up at Rs.215.

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