RInfra bags Rs 882 crore road contract from NHAI

01 Feb 2018

The National Highways Authority of India (NHAI) has sent a Letter of Award (LoA) to Reliance Infrastructure (RInfra) for the six-laning of Aurangabad to Bihar-Jharkhand border (Chordaha) section of NH-2 in Bihar. The project cost is estimated to be Rs 882 crore. According to reports, the Letter of Award (LoA) for the project is under the National Highway Development Program (Phase-V) of the NHAI, which includes developing on engineering, procurement and construction (EPC) basis.

The scope of work includes design, EPC of a six-lane highway and associated bridges with paved shoulders, and is expected to be completed within 24 months from the appointed date. Reportedly, the company is looking forward for business opportunities in the EPC domain in the areas of transportation, power, heavy civil works, and oil and gas. RInfra is keenly pursuing project opportunities worth around Rs 2 trillion to increase its EPC order book to Rs 50,000 crore by FY2019.

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