ARSS Infrastructure wins Rs 429.92 crore rail and road subcontracts

ARSS Infrastructure received five subcontracts from Shivam Condev totalling Rs 429.92 crore after its resolution plan process. The largest, Rs 202.34 crore, covers multi-tracking railway work; others cover railway bridges, Barabanki-Malhaur upgrades and an Odisha road project. Completion periods are 18 to 36 months. Most contracts include GST and a 5% technical charge. The road subcontract needs the main employer's approval.