RInfra receives LoA for new Greenfield Airport at Hirasar

05 Mar 2019 Evaluate

Reliance Infrastructure (RInfra) has received the Letter of Award (LoA) from the Airport Authority of India (AAI) of a contract worth Rs 648 crore for the construction of new Greenfield Airport at Hirasar in Rajkot district of Gujarat. The company had participated in the tender for engineering, procurement and construction (EPC) contract independently as a main contractor.

Reliance Infrastructure had scored the highest technical score of 92.2% among nine qualified bidders like Afcons, and L&T. The airport is to be completed within 30 months from the date of issue of letter of award (LoA).

The new airport is being constructed at a location near National Highway (NH-8B) connecting Ahmedabad and Rajkot nearly 36 km from the existing Rajkot Airport. Over time, the proposed new airport will also meet the spill over needs of Ahmedabad.

RInfra is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.

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