Supreme Infrastructure India completes maiden project in the marine segment

19 Dec 2011 Evaluate

Supreme Infrastructure India (SIIL) has completed EPC for its first marine project - Kasheli Bridge and has commenced tolling operations. The company has also added orders worth Rs 212.30 crore along with a bridge project for Rs 124 crore where the company is declared L1. Further, the company has added a road BOT project in the State of Maharashtra. Supreme Infrastructure India is in advance dialogue with the strategic investors to explore possible investments in its BOT portfolio.

In the marine segment, the EPC work involved building a 6 lane flyover on Old Thane Nashik highway for a length of 1.2 km on the Thane Creek for Rs 301 crore. This project was awarded to SIIL in 2009 by the Sangam group and has been completed in 36 months. The project involved complex engineering skills to cast pilling with depths ranging from 15 - 25 meters. SIIL holds 10% equity stake in the Kasheli Bridge SPV viz. Kalyan Sangam Infratech. This SPV was involved in the construction of the Kasheli Bridge on a BOT basis. The construction of Kasheli Bridge has been completed and tolling operations have commenced.

SIIL has received the work order form BPTP Group, Gurgaon worth Rs 71 crore and is expected to be executed by March - 2014. The work order is for construction of villas and premium apartments. This is a state of the art project being developed in Gurgaon.

Also, the work order has been awarded to the company by Ramprastha Group for the construction and development of Multi storied tower 'SKYZ', at Gurgaon. The scope of work order involves construction of 9 towers of 19 stories each. The order size is Rs 141.30 crore and is expected to be executed by March - 2014.

The company has been declared L1 by MMRDA for the design and construction of flyovers at Rajnoli junction (Km. 549/200) and at Mankoli junction (Km. 554/750) on NH-3 at Thane Nashik Road. The order size is worth Rs 124 crore.

Supreme Infrastructure has added a new Road BOT project - Sangli - Shiroli. The project is located in the State of Maharashtra. The concession period for the project is 22 years and 9 months. The EPC cost of the project is Rs 273 crore and the same would be executed by Supreme infrastructure. The project is housed under the SPV viz. Supreme Best Value Kolhapur (Shiroli) Sangli Tollways.

Supreme Infrastructure India is engaged in the construction of highways, roads & bridges and engineering works. It also manufactures crushed metals, ready-mix concrete, asphalt and wet mix macadam. The company has been formed to undertake engineering works of unrestricted value with most of the government departments, public & private sector organizations.

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