Omaxe bags Rs 70 cr project from GMADA
Realty firm Omaxe today said it has bagged Rs 70.4 crore infrastructure project from Greater Mohali Area Development Authority (GMADA) for highway and bridge construction.
By PTI |
NEW DELHI: Realty firm Omaxe today said it has bagged Rs 70.4 crore infrastructure project from Greater Mohali Area Development Authority (GMADA) for highway and bridge construction.
Omaxe Infrastructure & Construction Ltd (OICL), a wholly owned subsidiary of the company, has got its first contract to construct Highway and three high-level bridges in Punjab from GMADA, Omaxe said in a statement.
The project is valued at Rs 70.4 crore, it added. OICL will build an eight-km road in Mohali, Punjab along with three high-level bridges and culverts on the same road.
The project is expected to be completed in 16 months. "This is our first venture in Highway construction. We are committed to the government's vision of developing world-class infrastructure and this project will be a model for future projects," Omaxe Group CMD Rohtas Goel said.
Omaxe group had recently bagged orders from Director General Married Accommodation Project, Ministry of Defence and Air Force Naval Housing Board (AFNHB) among others.
The total value of the infrastructure and contracting projects, including the recent contract, is about Rs 1,251.13 crore, it said.
Omaxe Infrastructure & Construction Ltd (OICL), a wholly owned subsidiary of the company, has got its first contract to construct Highway and three high-level bridges in Punjab from GMADA, Omaxe said in a statement.
The project is valued at Rs 70.4 crore, it added. OICL will build an eight-km road in Mohali, Punjab along with three high-level bridges and culverts on the same road.
The project is expected to be completed in 16 months. "This is our first venture in Highway construction. We are committed to the government's vision of developing world-class infrastructure and this project will be a model for future projects," Omaxe Group CMD Rohtas Goel said.
Omaxe group had recently bagged orders from Director General Married Accommodation Project, Ministry of Defence and Air Force Naval Housing Board (AFNHB) among others.
The total value of the infrastructure and contracting projects, including the recent contract, is about Rs 1,251.13 crore, it said.
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