J Kumar Infraprojects Wins Rs 6.32 Billion Contract to Develop DTC Colony
J Kumar Infraprojects announced that it has secured the development project for the Hari Nagar colony of the Delhi Transport Corporation (DTC) in Delhi, with a total contract value of Rs 6.32 billion inclusive of all taxes, duties, cess, and statutory levies.
The company noted that the contract value, including all taxes and levies, could be adjusted if there are any changes in the GST rate on works contracts. The project is expected to be completed within 27 months.
In another update, J Kumar Infraprojects won an order worth Rs 2.98 billion from the Pune Municipal Corporation. Additionally, in October, the company received an order valued at Rs 18.47 billion in Thane, Maharashtra. The Mumbai Metropolitan Region Development Authority (MMRDA) awarded J Kumar Infraprojects a Letter of Acceptance (LoA) for the design and construction of an elevated road in Thane.
For this project, J Kumar Infraprojects will design and construct an elevated road from Anand Nagar to Saket on the Eastern Highway, with a completion deadline set for 48 months.
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