RDB Infrastructure Secures Rs 730 mn Contract for Primarc Aadvika
ECONOMY & POLICY

RDB Infrastructure Secures Rs 730 mn Contract for Primarc Aadvika

RDB Infrastructure and Power Limited (RDB Infrastructure) has entered into a non-binding letter of intent with Primarc Projects Private Limited (Primarc Projects) to execute sub-structure and super-structure construction works for the proposed residential development Primarc Aadvika in Shibpur, Howrah, West Bengal. The contract is valued at Rs 730 million (mn) and the development covers approximately half a million (mn) square feet. The assignment has been awarded by a domestic entity and expands RDB Infrastructure's order book in the construction segment.

The scope of work comprises comprehensive structural construction services and reflects the company's technical capabilities and execution strength on large scale real estate projects. The company has confirmed that neither its promoters nor its group companies have any interest in the awarding entity and that the order does not qualify as a related party transaction, indicating the deal was secured on an arm's length basis in line with regulatory standards. This clarity on governance is expected to support confidence among stakeholders.

As per the agreed timetable, work is scheduled to commence within nine months from eleven February two thousand and twenty six and is expected to be completed within thirty months from the date of commencement. The defined execution timeline underlines the company's focus on timely project delivery and operational efficiency. RDB Infrastructure will mobilise resources and manage site operations to meet the prescribed milestones.

The new order reinforces RDB Infrastructure's growing presence in the infrastructure and construction sector and aligns with its strategic objective of expanding its project portfolio while delivering high quality developments for reputed clients across key urban markets. The company views the contract as a material addition to its construction pipeline and a demonstration of its ability to secure and execute mid size residential projects. Market observers will watch the project as it progresses through the defined execution window.

RDB Infrastructure and Power Limited (RDB Infrastructure) has entered into a non-binding letter of intent with Primarc Projects Private Limited (Primarc Projects) to execute sub-structure and super-structure construction works for the proposed residential development Primarc Aadvika in Shibpur, Howrah, West Bengal. The contract is valued at Rs 730 million (mn) and the development covers approximately half a million (mn) square feet. The assignment has been awarded by a domestic entity and expands RDB Infrastructure's order book in the construction segment. The scope of work comprises comprehensive structural construction services and reflects the company's technical capabilities and execution strength on large scale real estate projects. The company has confirmed that neither its promoters nor its group companies have any interest in the awarding entity and that the order does not qualify as a related party transaction, indicating the deal was secured on an arm's length basis in line with regulatory standards. This clarity on governance is expected to support confidence among stakeholders. As per the agreed timetable, work is scheduled to commence within nine months from eleven February two thousand and twenty six and is expected to be completed within thirty months from the date of commencement. The defined execution timeline underlines the company's focus on timely project delivery and operational efficiency. RDB Infrastructure will mobilise resources and manage site operations to meet the prescribed milestones. The new order reinforces RDB Infrastructure's growing presence in the infrastructure and construction sector and aligns with its strategic objective of expanding its project portfolio while delivering high quality developments for reputed clients across key urban markets. The company views the contract as a material addition to its construction pipeline and a demonstration of its ability to secure and execute mid size residential projects. Market observers will watch the project as it progresses through the defined execution window.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code