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J Kumar Infraprojects Receives LoA Worth 912 Cr. for Mumbai’s Coastal Road Project

J Kumar Infraprojects Limited has received a Letter of Acceptance (LoA) from City and Industrial Development Corporation of Maharashtra (CIDCO) Ltd. for executing coastal road project in Mumbai. This project will be executed at an estimated cost of Rs. 912.28 crore. The company shared this information in its stock filing dated 6th March 2024.

Scope of work in this project includes design and construction of coastal road from Chainage (Ch.) 2900 to Ch. 5800 (MTHL Junction) at Ulwe, Navi Mumbai. This project is expected to be completed within a period of 30 months. J Kumar Infraprojects was the only bidder in response to CIDCO’s tender for this project.