Ramky Infrastructure, announced that the joint venture (JV) comprising Ramky Infrastructure and Barbrik project has been awarded the project viz ''Rehabilitation and upgradation of NH-43 from Km 180.000 to Km 241.000 (Bedma to Dahikonda) to two lane with paved shoulder in the state of Chhattisgarh under NHDP-IV through engineering procurement & construction (EPC) basis'' by ministry of road transport & highways (NHDP-IC A Cell), New Delhi.
The length of the project is 61 Km and is valued for an amount of Rs 2.09 in which Ramky Infrastructure holds 70% in the JV while the other JV partner holds 30. The project is tho be completed within 550 days from appointed date.
Shares of the company gained Rs 6.80, or 14.26%, to trade at Rs 54.50 at the BSE (1.40 p.m., Monday).