Ramky Infrastructure Ltd has announced that the company has bagged two road projects from National Highways Authority of India in Uttar Pradesh and Karnataka.

The company has informed that this was communicated through a Letter of Award.

According to a statement to the BSE, the first project entails six laning of Agra-Etawah bypass section of National Highway 2 between km 199.660 to km 323 under National Highways Development Project Phase V in Uttar Pradesh to be executed on BOT pattern.

The project has a concession period of 30 years including the construction period of 910 days. The cost of the project is estimated at INR 1,207 crore.

The second project, also a tollway, awarded covers four laning of Hospet-Chitradurga section of NH-13 from km 299 to km 418 in Karnataka under NHDP Phase III on Design, Build, Finance, Operate and Transfer basis.

The concession period for the project is 25 years including the construction period of 910 days. The project is estimated to cost INR 1,034 crore.

(Sourced from BL)