J Kumar Infra JV receives LoA from BMRC

Construction engineering firm J Kumar Infra announced on Monday that Bangalore Metro Rail Corporation Limited has awarded it a Letter of Award for a project worth more than 1820 million. The building company stated the development was received in the name of J Kumar-AICPL in a stock exchange filing (joint venture). J Kumar Infra owns 55% of the shares for this project, or roughly more than a billion dollars. The project is for Phase 2B of the Bangalore Metro Rail Project, which involves building an airport depot.