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RInfra-Astaldi consortium signs agreement with MSRDC

04 Sep 2018 Evaluate

Reliance Infrastructure (RInfra) - Astaldi S.p.A (Italy) Consortium signed an agreement with Maharashtra State Road Development Corporation (MSRDC) for construction of prestigious Versova-Bandra Sea Link Project in Mumbai.

The tender for the construction of second sea link in Mumbai on EPC-basis was floated by MSRDC. With a length of 17.17 km, Versova-Bandra Sea Link is three times the length of the existing Bandra-Worli Sea Link, which is 5.6 km.

RInfra is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.

Peers
Company Name CMP
NTPC 333.30
Tata Power 365.00
Adani Power 209.85
Power Grid Corpn. 269.10
Adani Energy Solut. 1373.75
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