J Kumar Infraprojects has won the bid and received the letter of acceptance (LOA) from NBCC (India) for a project with a total contract value of Rs 334.25 crore.
The contract involves the development of Hari Nagar Depot of Delhi Transport Corporation (DTC) in New Delhi on engineering, procurement and construction (EPC) basis.
The project has to be executed within a period of 24 months. Further, the contract price will be adjusted prospectively for any increase/decrease in GST rate on works contract as notified by Government of India.
The civil engineering and infrastructure development company focuses on the development of roads, flyovers, bridges, railway buildings, sports complexes and airport runways.