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Supreme Infra completes the first 3-level flyover of Rajasthan before time

CM inaugurates it today

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Announcement Corporate
Last Updated : Jan 20 2013 | 9:33 PM IST
  • Traffic congestion to ease which opens up to four different directions leading to Delhi, Kota, Agra & the city
  • 65 crore JDA venture

Supreme Infrastructure India Limited has completed the work of the first 3-level flyover of the state at Transport Nagar Chouraha – Jaipur, before the estimated time. This before completion of the project was appreciated by the Chief Minister, Mr. Ashok Gahalot who inaugurated the project today. M/s. Supreme Infrastructure India Ltd has completed the work before the deadline fixed by JDA on behalf of M/s. Petron – Supreme (JV). The entire works were executed by M/s. Supreme Infrastructure India Ltd within the City limit, which granted constrained working condition since the existing traffic was moving around the entire project stretch; however the M/s. Supreme Infrastructure India Ltd has assured timely completion to JDA before the cutoff date frozen by them.

The foundation stone was laid by the former Chief Minister of Rajasthan Mrs. Vasundhara Raje in the month of September 2008. The Rs 65 crore JDA venture seeks to ease traffic congestion at Transport Nagar crossing, which opens up to four different directions leading to Delhi, Kota, Agra and the city. The Transport Nagar flyover was aimed at easing traffic congestion from the huge number of tourists that were expected to visit the Jaipur Pink City.

The other guests present at the inauguration were Mr. Shanti Dhariwal - Home & UDH Minister, Special Guest Mr. Mahesh Joshi – MP, Mrs. Jyoti Khandelwal - Mayor, Mr. Ashok Parnami – MLA & Mr. G S Sandhu - Principle Seceratery UDH.

Commenting at the inauguration, Mr. Vikram B. Sharma - Managing Director, Supreme Infrastructure India Ltd said, ”We are extremely proud to complete the flyover before the deadline. On behalf of Supreme Infrastructure, I thank Mr. Gahalot for his kind words of appreciation. This project has taken Supreme to a different level and we are aiming to have a culture of before time completion in all our projects.”

Key Developments:

  • Emerged L1 for Ahemadnagar-Karmala-Timbhurni Road BOT project. Overall project cost at Rs. 560 cr
  • Awarded Panvel-Indapur section (84km) of NH-17 for 4 laning on DBOT. Project cost stands at Rs. 1,150 cr
  • Order book stands at 3035 cr and will be executed over a period of next 24-30 months
  • EBITDA margins for YTD- FY11 stood at 17.9%
  • PAT margins for YTD – FY11 stood at 8%

Key Features about Supreme Infrastructure:

  • Supreme Infrastructure is present in 7 verticals in the construction industry and 6 states across India.
  • Railways, Bridges, Buildings, Power, Sewerage, Irrigation and Roads are the key verticals within the company
  • Each vertical functions as a business unit, thus having increased focus on execution as well as order book growth
  • Currently Supreme is executing about work at about 30 sites and is looking to start work at another 4 sites
  • A key differentiator for the company is its backward integration model where the company has built significant capabilities in quarrying business giving it high control over aggregrates (a key raw material in construction).

About Supreme Infrastructure India Ltd:
SUPREME INFRASTRUCTURE INDIA LIMITED [BSE code: 532904, NSE code: supremeinf] is a public limited company, formerly known as Supreme Asphalts Private Limited which was incorporated in 1983 and promoted by Shri. Bhawanishankar H. Sharma. The company was listed in 2007 on the BSE & NSE.

The company has been formed to undertake engineering works of unrestricted value with most of the Government departments, public & private sector organizations.

Apart from the latest methods and techniques, the company has introduced automation in its working styles like the use of QA/QC methods. As an organization, it is always on the move to improve its productivity further by resorting to new management of tools as they become available.

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First Published: May 10 2011 | 7:44 PM IST

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