Essel Infra forays into Railway Sector by bagging first railway Project under PPP Annuity mode amounting to INR. 1700 Crore
Chennai, 04July, 2018: In a major development, EsselInfraprojects Ltd (EIL), an enterprise of ShriSubhash Chandra led Essel Group, has bagged India’s first Railway project under Annuity mode for Rs 1706 crore on the Eastern Freight Corridor connecting Howrah and Chennai main line.
On the occasion, Mr. Kamal Maheshwari, President – Business Development, EsselInfraprojects Limited, said, “We are proud to win India’s first Private Project in Railways underPPP Annuity Mode. This is an important milestone to achieve the goal of our commitment towards ‘Nation Building’ and connecting the India’s most important region under Eastern Freight Corridor. We would enter into high-speed transport network including Airports, Metros and Express Highways”.
EsselInfra has emerged as the winner piping ICRON International, an Indian Railways infrastructure arm. The project will undertake completeMajor and Minor Bridges/ Rail-over Bridge (ROB) Rail-under Bridge (RUB), Foot-over Bridge (FOB), Platform Shelters, Water supply &Waste Disposal System, Drainage/ Bank protection.
Entire Design, Drawing, Measurements, Supervision and quality checks would be undertaken effectively.
Safety at work site Signaling & Telecommunication works (indoor/outdoor) Railway electrification and general electrification would also be an important work under this project.