RKEC Projects Limited has secured a substantial work order from the Maharashtra Maritime Board to develop passenger jetty and terminal facilities at Radio Jetty, near the Gateway of India in Mumbai. The project, which will be undertaken on an EPC (Engineering, Procurement, and Construction) basis, is valued at approximately Rs. 186.68 crore (excluding GST).
This award highlights RKEC Projects’ expertise in infrastructure development and its ongoing partnerships with state authorities for critical projects. The announcement comes as RKEC Projects’ shares closed at 128.80 INR, marking a modest increase of 0.17 INR or 0.13% as of October 4, 2024.