Published On:May 18 2024
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K2 Infragen Secures ₹90 Crore Railway Bridge Contract in Chandauli, Uttar Pradesh - Project Details Revealed
K2 Infragen, an engineering, procurement, and construction (EPC) firm, has secured a significant contract worth ₹90 crore for a railway bridge project in Chandauli, Uttar Pradesh. The project entails the construction of a four-lane rail over bridge (ROB) on the Patna-Mughalsarai portion of the Danapur division in Chandauli district.
According to a statement by K2 Infragen, the contract was won through a joint venture between Gangasagar Singh and PRL Infrastructure, with K2 Infragen entrusted with complete executional responsibility by the UP-State Bridge Corporation Ltd. The project is slated for completion within an 18-month timeframe.
Managing Director of K2 Infragen Ltd, Pankaj Sharma, expressed his optimism about the project, stating, "This order is estimated to contribute ₹35 crore to our revenues for the fiscal year 2024-2025."
"The completion of this 4-lane ROB will significantly enhance the railway infrastructure of the Patna-Mughalsarai section and contribute to the developmental efforts aimed at modernizing the Indian Railways," he further added.
Listed on the NSE, K2 Infragen specializes in infrastructure and power projects, boasting expertise in managing complex and large-scale ventures, many of which are situated in challenging geographic regions across the country.
ET