Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar
Did you know?
How did MoneyWorks4me help subscribers to buy IEX at Rs. 193/ share 1 year before?

Ramky Infra’s SPV signs concession agreement with NHAI

20 Jan 2012

Ramky Infrastructure’s special purpose vehicle (SPV) Hospet Chitradurga Tollways (HCTL) has signed the concession agreement with National Highways Authority of India (NHAI) for undertaking a project awarded by NHAI. The concessionaire company - HCTL was formed by Ramky Infrastructure as a SPV to undertake the mentioned project.

The company had bagged the order for four laning of Hospet - Chitradurga section of NH-13 from KM 299.000 to KM 418.6000 in the state of Karnataka under National Highways Development Project (NHDP) Phase III on design, build, finance, operate and transfer (DBFOT/BOT) basis in BOT (Toll). The concession period for the project is 25 years including the construction period of 910 days. The estimated cost of the project as per the client is Rs 1,033.65 crore.

Ramky Infrastructure, the flagship company of the Ramky Group, is engaged in construction and infrastructure development, operation and management. It has serviced a diverse range of construction and infrastructure projects in sectors as varied as water and waste water, transportation, irrigation, industrial parks (including SEZs), power transmission and distribution, residential, commercial and retail property.

Related Ramky Infrastructure Ltd. Links:

Ramky Infrastructure Share Price

143.35 1.35 (0.95%) Oct 22, 18:01
1 Year Price Chart
Company Name CMP
Larsen & Toubro 1791.25
Rail Vikas Nigam 43.05
KEC International 492.70
NCC 76.95
Ircon International 51.50
View more..
Sensex vs Ramky Infrastructure
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323