Rs 11.27 Crore Contract Secured! Which Construction Giant Is Building Gujarat’s Newest Four-Lane Road?

Leading Infrastructure Company Secures Rs 11.27 Crore Project to Build Bhavnagar's Four-Lane Ring Road!

B.R. Goyal Infrastructure Limited has announced that it received a work order from Bhavnagar Municipal Corporation for a major road construction project in Gujarat. The project involves building a P.Q.C Four-lane road from Akwada Ward to Ruva Ravechidham Ring Road in Bhavnagar. The accepted value of the work order is Rs 11.27 crore.

Project Details
The project requires the construction of a four-lane road, starting from Mantresh Complex, Ghogha Circle, Akwada Ward, and extending to the Ruva Ravechidham Ring Road. The company is expected to complete the work within ten months, and the contract was awarded through a tender acceptance process.

Financial Aspects
The work order is valued at Rs 11,27,71,385, highlighting a significant boost to the company’s order book. The company plans to execute this project through its engineering, procurement, and construction (EPC) services, showcasing its capabilities in large-scale infrastructure development.

No Related Party Involvement
There is no interest from the promoter or promoter group in Bhavnagar Municipal Corporation, and the contract does not fall under related party transactions. This ensures transparency and compliance with SEBI’s regulations.

About B.R. Goyal Infrastructure
Established in 2005, B.R. Goyal Infrastructure Limited is involved in infrastructure projects, including roads, highways, bridges, and buildings. The company offers EPC services, ready-mixed concrete (RMC) production with an annual capacity of 1.8 lakh cubic meters, toll collection in Haryana and Uttar Pradesh, and residential development in Indore. The company also operates a 1.25 MW windmill in Rajasthan.

Strategic Impact
Securing this work order aligns with the company's strategy to enhance its infrastructure portfolio. The project is expected to contribute positively to its financial performance and strengthen its position in the infrastructure sector.

Conclusion
B.R. Goyal Infrastructure’s latest project win from Bhavnagar Municipal Corporation underscores its execution capabilities and strengthens its footprint in Gujarat’s infrastructure sector. With a focus on timely completion and quality work, the company aims to contribute significantly to the state’s urban development.

Disclaimer: The article is for informational purposes only and not investment advice.