Aug 31: Mumbai-based Reliance Infrastructure Ltd (RIL) on Friday announced that it has received the Letter of Acceptance (LOA) from the Maharashtra State Road Development Corporation (MSRDC) for the development of package – 7 of Nagpur-Mumbai Samruddhi Expressway Project on engineering, procurement and construction (EPC) basis.
“Earlier, Reliance Infrastructure had emerged as the lowest bidder for the development of package – 7 from km 296 to km 347 (Section – Village Bande to Village Sawargaon Mal in District Buldhana). It is a part of Government of Maharashtra’s flagship Samruddhi Mahamarg Project and is funded by MSRDC,” according to the company.
The scope of work, which is valued at Rs 1,907crore, includes design, engineering, procurement and construction of six-lane expressway and associated structures and project facilities. The overall schedule for the project is 30 months from the appointed date, the company said.
Commenting on the award, Reliance Infrastructure EPC CEO Arun Gupta, said, “Samruddhi Expressway is a flagship project of Government of Maharashtra and will provide excellent connectivity between Mumbai and Nagpur. This marquee project will add great value to our flourishing order book.”
With the award of package – 7 of Samruddhi Mahamarg, Reliance Infrastructure EPC’s orderbook now exceeds Rs 10,000 crore in the Maharashtra with other prestigious projects like the Versova-Bandra Sea Link project, and Mumbai Metro Elevated packages.