K2 Infragen Wins Rs 90 Crore Railway Bridge Project in UP
By Rediff Money Desk, New Delhi 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.
![K2 Infragen Wins Rs 90 Crore Railway Bridge Project in UP](https://im.rediff.com/money/2016/jul/01up.jpg)
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.
"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.
Source: PTI
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