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.

Related Stories

Gold Stories

Next Story
Real Estate

Anshul Singhal launches Vantrock with Rs 42 billion development plan

Real estate professional Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), a Mumbai-headquartered platform focused initially on warehousing, industrial and logistics parks. The company plans to develop approximately 11.5 million sq ft of assets, with an estimated gross development value (GDV) of Rs 42 billion (approximately USD 434 million) on completion.The first phase will cover around 3 million sq ft across the National Capital Region (NCR), Bengaluru and Pune, with an estimated development value of Rs 11 billion (approximately USD 113 million). Construction is sched..

Next Story
Infrastructure Transport

Afcons wins CII award for biodiversity management

Afcons Infrastructure has received the Confederation of Indian Industry (CII) National Award for Environmental Best Practices 2026 in the Biodiversity Management category for its work on the Mumbai-Ahmedabad High Speed Rail Project’s C-2 package.The award was presented at a ceremony in Chennai on 9 October 2026. It was received by Mihir Mishra, Vice-President, CPE, and Sumon Paul, Assistant General Manager, HSE, along with the Afcons team.The project adopted several resource recovery and waste management practices. These included recycling concrete washout waste to recover sand, aggregates a..

Next Story
Technology

Indian businesses lead globally in planned AI investment, says Autodesk

Indian organisations are moving towards deeper integration of artificial intelligence (AI), digital technologies and sustainability into business operations, according to Autodesk’s 2026 State of Design & Make report. The fourth edition of the annual study highlights growing AI adoption, measurable outcomes from digital transformation and the role of sustainability in long-term business growth.The report found that 64 per cent of Indian organisations are approaching or have achieved their current AI goals. While 88 per cent believe AI will enhance their industry, up from 78 per cent in 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code