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RInfra lowest bidder for 4-laning of Vikkaravandi to

Anil Ambani-led Reliance Infrastructure (RInfra) has emerged as the lowest bidder for the four-laning of 66 km Vikkaravandi to Pinalur-Sethiyahopu section in Tamil Nadu to be executed on EPC basis, sources said.

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Anil Ambani-led Reliance Infrastructure (RInfra) has emerged as the lowest bidder for the four-laning of 66 km Vikkaravandi to Pinalur-Sethiyahopu section in Tamil Nadu to be executed on EPC basis, sources said.

The project, to be completed within a construction period of 24 months, is under government's flagship National Highway Development Programme (NHDP) and is funded by National Highways Authority of India (NHAI).

Other bidders included L&T, IL&FS and Punj Lloyd, sources said.

After a slowdown in the BOT segment, RInfra revamped its strategy to refocus on EPC business, targeting order book of Rs 50,000 crore by FY 19.

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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