Ramky Infra bags two NHDP projects worth Rs 2240cr

Ramky Infrastructure, the flagship company of the Ramky Group, today said it bagged two major orders worth Rs 2,240 crore under the National Highways Development Project (NHDP).

The company has received an order worth Rs 1,207 crore for six-laning of the Agra-Etawah Bypass section of NH-2 under the NHDP Phase V in Uttar Pradesh, to be executed as a BOT toll basis on design build finance operate and transfer pattern, the company said in a statement.

The concession period for the project is 30 years, including the construction period of 910 days, it said. The second order worth Rs 1,033.65 crore is for four laning of the Hospet-Chitradurga section of NH-13 in Karnataka under NHDP Phase III on DBFOT in BOT.

The concession period for this project is 25 years, including the construction period of 910 days, the release said.

"We are delighted that we have bagged these prestigious projects. We will take them up on high priority and move forward," company managing director Y R Nagaraja said.