Nila Infrastructures wins Rs 462.1 million construction contract

Nila Infrastructures has bagged a construction contract worth Rs 462.1 million from Dholera Industrial City Development Limited (Dholera ICDL).

The contract is for design and construction of ”Service Area Building” in Dholera Special Investment Region (Dholera SIR). It is on an EPC basis with a specific duration of 545 days.

The project is a prominent part of the Government of India’s ambitious plan for comprehensive development of Delhi Mumbai Industrial Corridor (DMIC) along the accurate alignment of proposed Multi-modal High Axle Load Dedicated Freight Corridor between Delhi and Mumbai, traversing an overall length of 1,483 km.

Deep Vadodaria, COO, Nila Infrastructures, said, “Dholera will assuredly be a Greenfield industrial hub located approximately 100 km south of Ahmedabad in Gujarat. It is devised to create an economically and socially balanced new-age city with world-class infrastructure and highest quality-of-life standards and sustainability in the urban development context.

This positively reinforces the Company’s Vision to contribute to the economic prosperity and sustainable growth through active participation in projects of national importance, and Mission to impeccably execute such projects that are beneficial to the society-at-large. This is only a modest beginning, and economic outlook of such potential opportunities in short-to-long term appears absolutely promising as an area of about 920 sq km encompassing 22 villages of Dholera Taluka of Ahmedabad District are planned for sustainable development vide this ambitious initiative. We are confident to accurately execute and deliver this project within stipulated parameters. This also enhances the visibility of our existing confirmed unexecuted order-book.”

Image Credit : addressofchoice.com

Research Desk

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