Sensex Today Live: J. Kumar Infraprojects Limited Secures Road Construction Order Worth ₹900 Crore in Navi Mumbai
In a significant development, J. Kumar Infraprojects Limited has been awarded a road construction order in Navi Mumbai worth a whopping ₹900 crore from CIDCO. The company announced today that it has received a Letter of Award (LOA) as the sole bidder for the design and construction of a coastal road at Ulwe, Navi Mumbai, with a total contract cost of Rs. 912.3 crore.
This project marks a major milestone for J. Kumar Infraprojects Limited and is expected to boost the infrastructure development in the region. The company’s expertise in construction and commitment to quality work have been instrumental in securing this prestigious order from CIDCO.
The road construction project is set to enhance connectivity and transportation in Navi Mumbai, providing a much-needed infrastructure upgrade for the growing city. With this new project in their portfolio, J. Kumar Infraprojects Limited is poised to make a significant impact on the development of the region.
Investors and stakeholders are closely watching the progress of this project, as it is expected to have a positive effect on the company’s financial performance and market position. The successful execution of this road construction order will further solidify J. Kumar Infraprojects Limited’s reputation as a leading player in the infrastructure sector.
Overall, this news has generated a buzz in the market, with analysts and industry experts lauding the company’s achievement. The road construction order in Navi Mumbai is a testament to J. Kumar Infraprojects Limited’s capabilities and is a step towards driving growth and progress in the infrastructure development sector.
