Ahluwalia Contracts (India) has been awarded a significant contract worth ₹393.04 crore for the development of a new greenfield airport in Bundi, Kota, Rajasthan. The contract was awarded by the Airport Authority of India (AAI), headquartered at Rajiv Gandhi Bhawan, Safdarjung Airport, New Delhi.
The project involves the construction of a building as part of the new airport’s development, with the entire project expected to be completed within 18 months. This contract is a domestic order, and there is no involvement of the promoter group or related party transactions in this deal.
Ahluwalia Contracts, a prominent player in the engineering, designing, and construction sector, continues to expand its portfolio with this latest contract. The company has a strong track record of executing large-scale infrastructure projects across India.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).