Paving the way

With the successfully constructed Outer Ring Road at Hyderabad, Ramky Infrastructure Ltd is all poised to take on the Indian road sector in the years to come. Ramky Infrastructure Ltd (RIL) has emerged as a leader, especially in the roads sector, in an amazingly short period. True to its avowed commitment to excellence, RIL has steadily moved up several notches to benchmark the road construction sector. Excellence has become the company's hallmark, as is evident from around 30 road projects successfully executed across the country so far. Apart from around 36 projects on a contract basis, RIL currently has five road projects on a Design, Build, Finance, Operate and Transfer basis to develop a total distance of 400 km worth around Rs 50,000 million. The company got its first major break with the construction of the Outer Ring Road (ORR) of Hyderabad – a 12.36 km stretch of express highway from Samshabad to Tukkuguda. Ramky Hyderabad Ring Road Ltd, in which RIL has 74 per cent equity interest, entered into an agreement with the Hyderabad Urban Development Authority to design, develop, build, finance, operate and maintain this eight-lane access controlled expressway under a phase II-A programme as an extension of phase I of the ORR at a cost of Rs 3,993.70 million. The project has been undertaken on a BOT basis with semi-annuity payments with a concession period of 15 years, including 2.5 years of construction period. RIL successfully completed the work six months ahead of schedule. The success of this road construction may be attributed to the way ORR was executed – precise planning, quality material, passionate and committed overtime work and focus on completing the project ahead of time. With road development becoming a priority in India, scope for a major role in the road sector is enormous, and RIL indeed is a suitable candidate. (Communication by the management of the company)