Ramky Infrastructure’s wholly owned subsidiary -- Maha Integrated Life Sciences City (MILeS) has secured a project valued at around Rs 3,000 crore from Maharashtra Industrial Development Corporation (MIDC). The project involves development, operation, maintenance and management of the upcoming High-Tech Pharmaceutical Park in Dighi Port Industrial Area Mangaon & Roha Taluk, Raighad District in the state of Maharashtra on PPP Basis. MILeS has executed a Concession Agreement with the MIDC for the same. The project would enable the company to earn revenue by way of Land Lease Premium, Development Charges, Maintenance income for the Services and Operation income from the Utilities.
This project has been awarded for a period of 95 years concession including construction period of 5 years. This project includes development of an Industrial Park over an area of 1000 hectares in Raigad District of Maharashtra primarily consisting of Industri al Zone, Commercial Zone, Common Amenities, Utilities, Open spaces and Roads. This Life Sciences City aims to act as a one stop holistic solution to the Life Sciences and Pharma Sector in providing them with all the requisite sustainable Infrastructure for establishing their units.
Ramky Infrastructure (RIL) is the flagship company of the Ramky Group, one of the leading civil and infrastructure engineering companies in India.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4100.20 |
| Rail Vikas Nigam | 296.45 |
| NCC | 166.15 |
| KEC International | 579.50 |
| Kalpataru Projects | 1292.65 |
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