+
Pune's RSIIL bags Rs 49 billion deals from MSRDC
ROADS & HIGHWAYS

Pune's RSIIL bags Rs 49 billion deals from MSRDC

Roadway Solutions India Infra (RSIIL), which emerged as a separate entity from Roadway Solutions India (RSIPL), announced that it had secured two infrastructure projects worth Rs 49 billion from Maharashtra State Road Development Corporation (MSRDC).

It was stated by RSIIL that these projects would contribute to the enhancement of Pune's connectivity and facilitate smoother traffic flow. The company issued a statement indicating that it had been identified as the lowest bidder for these projects.

Furthermore, the company mentioned in its statement that its order book had now surpassed Rs 110 billion with the addition of these new projects.
One of the projects pertains to the construction of the Access Controlled Pune Ring Road in Pune district, stretching from Village Lonikand to near Village Walti in Maharashtra, under the Engineering, Procurement, and Construction (EPC) mode, with a valuation of Rs 22.51 billion.

The other project involves the construction of the Access Controlled Expressway Connector linking Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg from Jalna to Nanded in Maharashtra.

Moreover, the company disclosed that aside from these new endeavors, it was currently engaged in the execution of three significant packages along the Vadodara Mumbai Expressway in Packages 8, 9, and 10.

It was also mentioned in the statement that in March, Mauritius-based and India-focused AG Dynamic Funds Limited had entered into a memorandum of understanding for strategic investment aimed at expediting growth and reinforcing the market presence of Roadway Solutions India Infra, particularly focusing on road construction and development.

Roadway Solutions India Infra (RSIIL), which emerged as a separate entity from Roadway Solutions India (RSIPL), announced that it had secured two infrastructure projects worth Rs 49 billion from Maharashtra State Road Development Corporation (MSRDC).It was stated by RSIIL that these projects would contribute to the enhancement of Pune's connectivity and facilitate smoother traffic flow. The company issued a statement indicating that it had been identified as the lowest bidder for these projects.Furthermore, the company mentioned in its statement that its order book had now surpassed Rs 110 billion with the addition of these new projects.One of the projects pertains to the construction of the Access Controlled Pune Ring Road in Pune district, stretching from Village Lonikand to near Village Walti in Maharashtra, under the Engineering, Procurement, and Construction (EPC) mode, with a valuation of Rs 22.51 billion.The other project involves the construction of the Access Controlled Expressway Connector linking Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg from Jalna to Nanded in Maharashtra.Moreover, the company disclosed that aside from these new endeavors, it was currently engaged in the execution of three significant packages along the Vadodara Mumbai Expressway in Packages 8, 9, and 10.It was also mentioned in the statement that in March, Mauritius-based and India-focused AG Dynamic Funds Limited had entered into a memorandum of understanding for strategic investment aimed at expediting growth and reinforcing the market presence of Roadway Solutions India Infra, particularly focusing on road construction and development.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?