Ramky Infrastructure Secures Major EPC Contract for Dighi Port Industrial Area
Ramky Infrastructure Limited has entered into a significant agreement with Maharashtra Industrial Township Limited (MITL) to undertake EPC-based infrastructure works at the Dighi Port Industrial Area (DPIA) Phase 1 in Maharashtra. This project falls under the ambit of the Delhi-Mumbai Industrial Corridor (DMIC), a major initiative aimed at boosting industrial growth and infrastructure development in the region.
The total contract value stands at INR 1,401.84 crore, inclusive of Goods and Services Tax (GST) and operations and maintenance revenues. The project is slated for completion within 930 days from the appointed date, followed by an operations and maintenance period of four years from the commercial operation date. This period can be extended upon mutual agreement between the parties.
MITL is a special purpose vehicle (SPV) established with equity participation from the Government of India and the Maharashtra government. The primary objective of MITL is to develop Parcel B of the Dighi Port Industrial Area in Raigad district, which is a key component of the DMIC. The project scope is extensive and includes the development of comprehensive infrastructure such as roads and related structures, stormwater systems, water treatment and distribution networks, sewerage systems, recycled water distribution, power distribution, and ICT utility ducts.
Ramky Infrastructure has expressed its commitment to executing the project using its in-house engineering, planning, and commissioning capabilities. The company will employ standardized monitoring systems to ensure timely delivery and operational efficiency. The infrastructure development is expected to significantly enhance industrial readiness in the Dighi region by providing reliable utilities and improving operational conditions for businesses establishing facilities in the area.
This project is a testament to Ramky Infrastructure's expertise in large-scale infrastructure development and its ability to deliver high-quality projects on time. The successful completion of the Dighi Port Industrial Area Phase 1 will not only boost industrial activities in the region but also contribute to the broader economic development of Maharashtra and the country as a whole.
Ramky Infrastructure Limited is a leading infrastructure development company in India, known for its robust project execution capabilities and commitment to quality. The company has a strong presence in various sectors, including roads, water and wastewater management, and power distribution. The Dighi Port Industrial Area project is a significant addition to their portfolio and underscores their role in driving industrial growth and infrastructure development in India.
