Atlanta secures order worth Rs 917 crore from Government of Bihar

11 Aug 2011

Mumbai based Infrastructure Development Company-‘Atlanta’ has secured single order of Rs 917 crore from Government of Bihar. This prestigious project envisages four lanning of Mohania- Ara section of National Highway on design built operate finance transfer (DBFOT)-toll basis for a length of 11.6.76 kms connecting Patna and Durvgavati via Dinara and Hisadi Bazaar.

The project is quoted with a positive grant of Rs 298 crore to be availed during the construction period of 30 months. The company has also formed a SPV to undertake the subject project.

Atlanta has presence in three of the country’s fastest growing segments - infrastructure development, mining and realty, residential, commercial and industrial projects across pan India. A niche and specialised player, the company has a diversified and de-risked work portfolio and enjoys an early mover advantage with over three decades of presence in Engineering, Procurement and Construction (EPC) and realty and over a decade plus presence in executing Public Private Partnership (PPP) contracts and contact mining of limestone and coal.

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