K2 Infragen Wins Rs 1.42 Billion Road Project in Gujarat

06 Feb 2025 CW Team

Infrastructure player K2 Infragen has secured a road project valued at Rs 1.42 billion in Gujarat. The project involves upgrading and strengthening the Jetpur-Somnath section of the highway. The work will be carried out under the engineering, procurement, and construction (EPC) model. As part of the agreement, K2 Infragen will also be responsible for maintaining the road under a performance-based maintenance contract (PBMC).

This new contract underscores the company’s continued involvement in improving road infrastructure in India. The Jetpur-Somnath stretch, which is crucial for regional connectivity in Gujarat, will undergo significant upgrades, enhancing the overall quality and durability of the road. The performance-based maintenance aspect of the contract ensures long-term road upkeep, with the company required to meet specific standards for the road's performance over time.

K2 Infragen’s focus on executing large-scale infrastructure projects aligns with its strategy to expand its portfolio in the road development sector. The company’s expertise in EPC projects positions it as a key player in India’s road infrastructure development. The completion of this project is expected to contribute to better road conditions, reduced travel time, and improved safety for commuters in the region.

News source: Press Trust of India

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