Pune-Based Company RSIIL Secures Two Major Projects Worth Rs. 4900 Cr

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Pune, 23rd May 2024: Roadway Solutions India Infra Limited, a leading infrastructure development company based in Pune, is elated to announce that it has been declared as the lowest bidder in two substantial infrastructure projects valued at Rs 4900 Crores. These projects, commissioned by the Maharashtra State Road Development Corporation (MSRDC), mark a significant milestone in the company’s ongoing expansion and commitment to developing robust infrastructure across the nation.

The newly secured projects include:

A. Construction of Access Controlled Pune Ring Road in Pune District Package PRR E4 Starting from Village Lonikand Km 47+500 And Ends at Km 72+000 (Length – 24.50 Km) Near Village Walti in Tq. Haveli in the State of Maharashtra on EPC Mode., valued at Rs 2251 Crore. This project will enhance connectivity and facilitate smoother traffic flow around the bustling city of Pune.

B. Construction of Access Controlled Expressway Connector to Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg from Jalna to Nanded in the State of Maharashtra on Mode for PACKAGE JNE – 06 Part-A: From Borgaon Km 166+330 To Km 179+764 (Length – 13.434 Km) On Degloor – Nanded National Highway (Nh161) In Tq. & Dist. Nanded and Part-B: Improvement of Road from Hingoli Gate –Bafna Chowk- Deglur Naka To Chatrapati Chowk (Dhanegaon Junction) With Construction Of Flyover And Bridge Across Godavari River In Nanded City (Length 4.48 Km), valued at Rs 2650.60 Crore. This project aims to revolutionize the transportation landscape between Jalna and Nanded, promising efficient and sustainable infrastructure solutions.

With these new projects, the company’s order book has now crossed Rs 11000 Crores. This milestone showcases the growing confidence in Roadway Solutions India Infra Limited’s capabilities and its projected growth in the infrastructure sector.

In addition to these new ventures, the company is already actively executing three notable packages at the Vadodara Mumbai Expressway in Packages 8, 9, and 10. These ongoing projects reflect the company’s dedication to delivering high-quality infrastructure in a timely and efficient manner.

Furthermore, the company has recently received an equity influx of 120 million dollars which underscores investor confidence and will significantly bolster its capacity to undertake and complete large-scale infrastructure projects effectively.

“We are thrilled to continue our journey with these significant projects under the auspices of the MSRDC. Our consistent performance and financial strength, bolstered by recent equity infusion, allow us to push the boundaries of innovation and excellence in infrastructure development,” said Mr. B.K. Singh, Sr. vice President of Roadway Solutions India Infra Limited.

Roadway Solutions India Infra Limited remains committed to transforming India’s infrastructure landscape through dedication, innovation, and sustainable practices.