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R-Infra bags road project in Tamil Nadu

Friday, 21 May 2010
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Reliance Infrastructure (R-Infra) has bagged a road project worth Rs 925 crore from the NHAI fro six-laning of the 60-km Hosur-Krishnagiri stretch on NH 7 in Tamil Nadu.

The road project connecting Bangalore-Chennai and Bangalore -Salem is to be developed on DBFOT (Toll) basis. The concession period for the project is 24 years which includes construction period as well.

R-Infra bagged the project from among 15other bidders based on highest premium amount of Rs 66.90 crore. Other bidders included GVK Infra projects, IVRCL Infrastructure and Projects, L&T, GMR and Gammon, according to sources.

Also See:

R-Infra consortium bags Worli-Haji Ali sea link contract (26-February-10)

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