Reliance Infrastructure (RInfra) has won an EPC contract worth INR8.82bn ($138.47m) from the National Highways Authority of India (NHAI) for the six-laning of Aurangabad to Bihar–Jharkhand border (Chordaha) section of NH-2 in the state of Bihar.
The project for six-laning of a road segment from 180km to 249km on NH-2 in Bihar is under the Government of India’s flagship National Highway Development Programme (Phase V), which is funded by the NHAI.
The infrastructure major is one of the largest NHAI concessionaires and was declared the successful bidder after it quoted INR8.82bn ($138.47m) for the project.
The scope of work includes design, engineering, procurement and construction of six-lane highway and associated bridges with paved shoulders.
The project is to be executed in 24 months from the appointed date.
RInfra EPC CEO Arun Gupta said: “This order is reflective of RInfra’s steadily expanding footprint in the road infrastructure space following its growing presence in mega projects in power sector, both in the international and domestic markets.
“We are poised to tap potential business opportunities in EPC domain in the areas of transportation, power, heavy civil works, and oil and gas.”
RInfra is pursuing opportunities in the transport sector also. RInfra EPC has been shortlisted for major projects, including the Bandra-Versova Sea Link, Mumbai Coastal Road, and the Mumbai-Nagpur Expressway.
RInfra EPC, a part of Reliance Infrastructure (RInfra), had earlier executed projects worth INR330bn ($5.1bn), including the 3,960MW ultra mega power project (UMPP) at Sasan in the state of Madhya Pradesh.
The infrastructure major focuses on projects in power, roads, railways, defence and ports.
It currently operates 11 road projects with total length of 1,000km on build, operate and transfer (BOT) basis.
RInfra is involved in diverse infrastructure segments such as roads and highways, railways and metros, mega civil projects, water and marine, renewable and power.