A B Infrabuild Limited has received a letter of acceptance for a new project involving the construction of 3 nos. of VUPs at Km. 430+380, along with approaches and service roads near college square and DRDA square in the Puintola to Icchapuram section of NH-16 in the state of Odisha. The project is to be executed on an EPC (Engineering, Procurement, and Construction) mode. The contract is with the National Highways Authority of India and is valued at ₹62,94,04,813.35 (Rupees Sixty-Two Crore Ninety-Four Lakh Four Thousand Eight Hundred and Thirteen Rupees and Thirty-Five Paise). The time period associated with this order is 18 months. The terms and conditions are as per the nature of the contract and the performance security clause of the tender documents. Neither the promoter nor the promoter group or group companies have any interest in the entity to whom the order is awarded, and it does not fall within related party transactions.
