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Projects worth ₹80,000 crore are estimated to be awarded in the next four years
The surge came after the company bagged two orders worth Rs 2,150 crore from Maharashtra State Road Development Corporation Ltd (MSRDC)
This decision comes after the ministry faced criticism over the quality of highways, especially in sensitive areas like the hills
The delay has impacted the engineering, procurement, and construction (EPC) operations in FY23, resulting in modest profitability and muted debt coverage metrics compared with earlier estimates
The Board of RIL approved a scheme of arrangement under which the EPC and Infrastructure Undertaking of RPPMSL, a wholly owned subsidiary of RIL is proposed to be demerged into RIL
Can double m-cap in 3 years with opportunity to scale-up business: Analysts