Remidicherla Infra & Power, which had bagged the sub-contracts for the infrastructure works, has been cancelled by Super Build Constructions. The sub-contract has been cancelled due to non reaching consensus in the terms and conditions of the projects by the Super Build Constructions for the proposed agreements and unstable local conditions.
Earlier, the company had received sub-contracts worth Rs 468.43 crore for the infrastructure works from Super Build Constructions on September 09, 2011.
Remidicherla Infra & Power is engaged in the execution of various infrastructure and other projects. It is currently working on construction, land development and supply of materials for road construction projects.