GHV Infra Initiatives has bagged an EPC contract price Rs 2,645 crore from Rana Exim FZ-LLC within the UAE for improvement of a sensible manufacturing hub, the corporate introduced on Saturday.
The challenge is awarded to GHV Infra Initiatives for engineering, procurement, and building (EPC) of Erisha Good Manufacturing Hub consisting of Industrial and Industrial Buildings at Ras Al Khaimah Financial Zone (RAKEZ), UAE.
The EPC contract is estimated to be accomplished inside 24 months excluding 90 days of preliminary setup & mobilization interval, the corporate stated in a inventory change submitting.
“With this order, the whole order e book of the corporate has risen to over Rs 7,000 crore and shall proceed to attempt few extra selective challenge choices in close to time period,” GHV Group Chairman Jahid Vijapura stated in a press release.
Shares of GHV Infra Initiatives closed at Rs 1549.20 per unit on Friday 4:00 PM on BSE.
