- Cost of the Project is approximately Rs. 1150 cr
- EPC Cost of the Project is approximately Rs. 830 cr
Supreme Infrastructure India Limited (B.S.E Code: no: 532904), one of the most versatile Infrastructure companies in India has bagged an order by National Highways Authority of India (NHAI).
The order is for the work of Panvel-Indapur Section of NH-17 from 0 km to 84 kms for its four laning in the State of Maharashtra under NHDP Phase III on BOT basis (Designing, Engineering, Finance, Construction, Operation & Maintenance).
The above project was awarded in the SPV of Supreme Infrastructure India Ltd incorporated with the name ‘Supreme Panvel Indapur Tollways Private Limited’. Today the SPV Company has successfully signed the concession agreement with NHAI. The Concession Period of the project is 21 Years including construction period of 910 days.
The cost of the above project is approximately Rs. 1150 cr. The EPC cost of the project is approximately Rs. 830 cr. The execution of the project shall be done by Supreme Infrastructure India Ltd, the parent company, along with consortium partner of 10%, in the project in equal proportion.
Commenting on the order Mr. Vikas B. Sharma, Director, Supreme Infrastructure India Ltd said “We are extremely happy to bag this prestigious order. The order is our first from NHAI, and it imposes the faith our stakeholders have in us.”
The Company has been awarded as 2nd Fastest Growing Infrastructure Company in small Cap Segment (up to 600 Cr. Turnover over) from Construction World, in the 8th Construction World Awards 2010.
Key Features about Supreme Infrastructure:
- Supreme Infrastructure is present in 7 verticals in the infrastructure space
- 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 25 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 Limited:
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. Supreme Infrastructure Private Limited was incorporated in 2002 and 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.
