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Ramky Infra commences commercial operations at Addanki - Medarametla Road

14 Mar 2014 Evaluate

Ramky Infrastructure has commenced commercial operations (tolling activities) at Four Laning of Narketpally - Addanki - Medarametla Road (SH-2) in the State of Andhra Pradesh effective March 11, 2014. The project is on toll basis with a concession period of 24 years, including two and half a years of construction period.

The said project was awarded to the Joint Venture of Ramky Infrastructure and IL&FS Transportation Networks in the ratio of 50:50 by the Andhra Pradesh Road Development Corporation.

Ramky Infrastructure is the flagship company of the Ramky Group, one of the leading civil and infrastructure engineering companies in India.

Peers
Company Name CMP
Larsen & Toubro 3938.65
Kalpataru Projects 1429.00
Rail Vikas Nigam 206.25
KEC International 412.20
NCC 143.15
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