Tuesday, August 14, 2018

Reliance Infrastructure set to bag airport EPC contract in Rajkot

Mumbai: Reliance Infrastructure is close to bagging an order for construction of an airport at Hirasar in Gujarat’s Rajkot district. The Anil Ambani-led company’s bid of around Rs 650 crore emerged the lowest last week in a tender floated by the Airports Authority of India (AAI) for the construction contract.
The new airport is expected to reduce the bottleneck at the existing Rajkot airport, which is small and cannot be expanded. “Reliance Infra is the lowest bidder. We will soon complete the procedure and award them the project,” an AAI official told ET. The company confirmed it had bid for the project.
Other bidders for the project that AAI estimates will cost Rs 800 crore were L&T, Afcons, Dilip Buildcon and Gayatri ProjectsNSE 1.63 %, sources said. Work is to be completed in 30 months from date of issue of letter of award.
14/04/18 Rachita Prasad/Economic Times
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