Arisinfra bags Rs 79.05 cr order from J. Kumar-NCC JV for GMLR tunnel project
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Arisinfra Solutions has secured a work order worth Rs 79.05 crores from J. Kumar-NCC (GMLR) JV, a 50:50 joint venture between J. Kumar Infraprojects and NCC Limited. The order involves loading, transportation, and disposal of excavated material from the Goregaon-Mulund Link Road twin tunnel project in Mumbai. The contract is domestic, valid until project completion, and is not a related party transaction.
New contract worth Rs 79.05 cr boosts order book from reputed infra JV. Positive for revenue visibility.