Infrastructure major RPP Infra Projects has completed certain work for construction of a truck parking yard project valued at Rs 178.50 million at Manjambakkam near here.
"The company has successfully completed a construction wing-Circle I providing gravel filling, cement concrete pavement, storm water drain and culverts for proposed truck parking yard in about 12 acres of land at Manjambakkam, Chennai", RPP Infra said in a BSE filing.
The Indian government has been undertaking various steps and introducing several incentives to encourage rapid infrastructure development in the country, RPP Infra Projects, Chairman and Managing Director, Arul Sundaram said adding this would accommodate and accelerate private investments in infrastructure sector.
RPP Infra is well poised to gain maximum projects from both domestic and international market, he said.
The company has executed over 200 civil construction projects across various segments in the Southern region, the statement said.
Shares of the company were trading at Rs 79.75 apiece, up by 0.31 per cent over previous close in the afternoon at BSE.
