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J Kumar Infraprojects’ JV gets LoA from Navi Mumbai Municipal Corporation

05 Mar 2024 Evaluate

J Kumar Infraprojects’ joint venture (JV) -- J. Kumar - SMC (JV) has received Letter of Acceptance (LoA) from Navi Mumbai Municipal Corporation for the work of ‘Construction of Creek Bridge Connecting Ghansoli - Airoli along Palm Beach Road at Ghansoli, Navi Mumbai on EPC Mode for the total contract cost amounting to Rs 492.99 crore (excluding GST) and the share of the company is 70% i.e. amounting to Rs 345.09 crore (excluding GST). J.Kumar - SMC (JV) is a Joint Venture formed by the Company with M/s. SMC Infrastructures. The order is to be executed within 30 months.

J Kumar Infraprojects is engaged in construction activities. The company designs and constructs roads, bridges, flyovers, subways, over bridges, skywalks and railway terminus/stations, among others.


Peers
Company Name CMP
Larsen & Toubro 4118.90
Kalpataru Projects 1370.40
NCC 122.95
Rail Vikas Nigam 192.25
KEC International 333.10
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