SRM Contractors Ltd Bags Contract Valued at Rs. 483 Crores from MSIDC
SRM Contractors Ltd secured a significant contract valued at Rs. 483 Crores from the Maharashtra State Infrastructure Development Corporation Limited (MSIDC). The awarded contract pertains to the construction of the Nashik Ring Road (Southern side) and is structured under an Engineering, Procurement, and Construction (EPC) mode.The project details indicate that the scope covers Package 6, specifically from Design chainage 14.950 to 28.970, representing a length of 14.020km. The contract size is Rs. 483 Crores.
The execution timeline for this newly awarded contract is set for 12 Months from the appointed date.
Key operational details regarding the contract award are summarized below:
| Detail Category | Description |
|---|---|
| Awarding Entity | MSIDC (Maharashtra State Development Corporation Limited). Infrastructure |
| Contract Value | Rs. 483 Crores |
| Nature of Contract | Package 6 - Construction of Nashik Ring Road (Southern side) from Design chainage 14.950 to 28.970 (Length 14.020km) under EPC mode |
| Contract Duration | 12 Months from the appointed date |
| Award Source | Domestic entity |
SRM Contractors Ltd noted that the awarding entity has no stated promoter group interest, and the contract does not fall under related party transactions. The company, formerly known as SRM Contractors Private Limited, has received this contract award.
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