REPL consortium wins Rs 220 Crore work order from Nagar Nigam Kashipur
REPL · price
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REPL consortium with New Modern Buildwell won a Consultancy and Construction contract from Nagar Nigam Kashipur, Uttarakhand for the Urban Challenge Fund project on DBFOT PPP model. Project cost Rs 220 Crore, estimated revenue about Rs 300 Crore. Work covers feasibility, planning, designing, redevelopment, construction, upgradation and operations. Construction period about 36 months, concession period 29 years 11 months extendable.
Long-term revenue visibility with Rs 300 Crore potential over 29 year concession. Domestic PPP order from a government entity strengthens order book.