{"id":42771,"date":"2024-08-31T16:14:51","date_gmt":"2024-08-31T10:44:51","guid":{"rendered":"https:\/\/businesspoint.co.in\/index.php\/2024\/08\/31\/avp-infracon-secures-rs-23-6-cr-for-bagalur-bypass-and-rs-47-2-cr-for-kallakurichi-tiruvannamalai-road-projects\/"},"modified":"2024-08-31T16:14:51","modified_gmt":"2024-08-31T10:44:51","slug":"avp-infracon-secures-rs-23-6-cr-for-bagalur-bypass-and-rs-47-2-cr-for-kallakurichi-tiruvannamalai-road-projects","status":"publish","type":"post","link":"https:\/\/businesspoint.co.in\/index.php\/2024\/08\/31\/avp-infracon-secures-rs-23-6-cr-for-bagalur-bypass-and-rs-47-2-cr-for-kallakurichi-tiruvannamalai-road-projects\/","title":{"rendered":"AVP Infracon Secures Rs 23.6 Cr for Bagalur Bypass and Rs 47.2 Cr for Kallakurichi-Tiruvannamalai Road Projects"},"content":{"rendered":"<div>\n<div>\n<p><strong>Mumbai (Maharashtra) [India], August 30:<\/strong> AVP Infracon Limited (NSE: AVPINFRA), one of the leading infrastructure development companies, has successfully secured two significant sub-contracts from M\/S CDR &amp; Co Constructions. These contracts, awarded by the State Highways Department of Tamil Nadu, are a testament to company\u2019s ongoing commitment to excellence in delivering high-value infrastructure projects.<\/p>\n<p>Details\u00a0of the Newly Awarded Sub-Contracts Includes:<\/p>\n<p><strong>1.Construction of Bypass to Bagalur Town:<\/strong><\/p>\n<ul>\n<li>Project Description:\u00a0AVP will undertake the construction of a bypass to Bagalur town, connecting from km 3\/0 (Kothapalli) to km 9\/350 (Jee Mangalam). This project also includes the shifting of utilities for NH 207 (New NH 648) on an EPC basis.<\/li>\n<li>Contract Value:\u00a0The sub-contract is valued at\u00a0\u20b96\u00a0Cr.<\/li>\n<li>Completion Timeline:\u00a0The project is slated for completion within one year.<\/li>\n<\/ul>\n<p><strong>2.Widening and Strengthening of Kallakurichi-Tiruvannamalai Road (SH-6):<\/strong><\/p>\n<ul>\n<li>Project Description:\u00a0This sub-contract involves the widening and strengthening of the Kallakurichi-Tiruvannamalai Road (SH-6) from a two-lane to a four-lane road, covering Kms 0\/0-6\/6 &amp; 8\/2-5\/8. The scope of work includes the provision of a central median, the construction of minor bridges, and CD works.<\/li>\n<li>Contract Value:\u00a0The sub-contract is valued at\u00a0\u20b920 Cr.<\/li>\n<li>Completion Timeline:\u00a0The project is expected to be completed within one year.<\/li>\n<\/ul>\n<p>These projects further enhance\u00a0company\u2019s\u00a0strong\u00a0portfolio and reaffirm the company\u2019s position as a trusted leader in the infrastructure sector. With these new contracts,\u00a0company\u00a0continues to play a vital role in advancing\u00a0Tamil Nadu\u2019s infrastructure development, contributing significantly to national growth and development goals.<\/p>\n<p>Commenting on the update, Mr. Prasanna Dhandayuthapani, MD of AVP Infracon Limited, said, \u201cWe are pleased to have been awarded these significant sub-contracts from M\/S CDR &amp; Co Constructions. Securing these contracts is a testament to our ongoing commitment to excellence and our ability to deliver high-value infrastructure projects. The construction of the Bagalur town bypass and the widening of the Kallakurichi-Tiruvannamalai Road are critical projects that will enhance regional connectivity and support our national development goals.<\/p>\n<p>Securing these contracts underscores our commitment to excellence and our capacity to deliver high-value infrastructure solutions. These projects not only strengthen our portfolio but also solidify our position as a leading player in the infrastructure sector.<\/p>\n<p>The strategic location of these projects, at close proximities to our existing ones, which will reduce ourestablishment costs and machinery mobilization cost, supporting our cost-reduction efforts. We are committed to delivering these projects with top-quality standards and efficiency, ensuring timely completion. Our team is dedicated to enhancing India\u2019s infrastructure and supporting national growth.\u201d<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<p>\u00a0<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], August 30: AVP Infracon Limited (NSE: AVPINFRA), [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":42772,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[2],"class_list":["post-42771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts\/42771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=42771"}],"version-history":[{"count":0,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts\/42771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/media\/42772"}],"wp:attachment":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=42771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=42771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=42771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}