K2 Infragen Wins Rs 90 Crore Railway Bridge Project in UP
May 16, 2024 16:19
K2 Infragen has secured a Rs 90 crore contract for a four-lane rail over bridge in Chandauli, Uttar Pradesh. The project is expected to be completed within 18 months.
New Delhi, May 16 (PTI) EPC company K2 Infragen on Thursday said it has bagged a Rs 90 crore railway bridge project at Chandauli in Uttar Pradesh.
"The tender was secured by a joint venture between Gangasagar Singh and PRL Infrastructure, with K2 Infragen being entrusted with the complete executional responsibility for the project by the UP-State Bridge Corporation Ltd," the company said in a statement.
The Rs 90.2-crore contract is for the construction of a four-lane rail over bridge (ROB) on the Patna-Mughalsarai section of Danapur division in the district of Chandauli in Uttar Pradesh, K2 Infragen said in a statement.
The project is to be completed within an 18-month timeframe, it said.
K2 Infragen Ltd Managing Director Pankaj Sharma said, "This order is estimated to contribute Rs 35 crore to our revenues for the fiscal year 2024-2025.
"The completion of this 4-lane ROB shall significantly enhance the railway infrastructure of Patna-Mughalsarai section and contribute to the developmental efforts being undertaken to modernise the Indian Railways."
NSE-listed K2 Infragen is an integrated engineering, procurement and construction (EPC) company in the power and infrastructure domain.
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