Ahluwalia Contracts (India) Ltd. Secures Airport Development Project Worth Rs. 393.04 Crores
Ahluwalia Contracts (India) Limited has been awarded a project by the Airport Authority of India (AAI) for the development of a new greenfield airport in Bundi, Kota, Rajasthan. The project, valued at Rs. 393.04 Crores (excluding GST), involves building construction and is expected to be completed within 18 months.The contract was awarded by a domestic entity, and neither the promoter group nor group companies have any interest in the awarding entity. The project does not constitute a related party transaction.
| Detail | Description |
|---|---|
| Awarding Entity | Airport Authority of India (AAI) |
| Project Description | Development of New Greenfield Airport, Bundi, Kota, Rajasthan |
| Contract Type | Building Construction |
| Execution Timeframe | 18 Months |
| Contract Value | Rs. 393.04 Crores (Excluding GST) |
| Promoter/Group Interest | No |
| Related Party Transaction | No |
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