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Capacite Infraprojects wins Rs 575 crore RVNL order

Aug 29, 2023

By: BlinkX Research Team

The government-owned Rail Vikas Nigam reportedly gave Capacite Infraprojects an order of Rs 575 crore.

According to the company's regulatory filing, the contract was won by a joint venture between Capacite Infraprojects and Mohan Mutha Exports for an EPC (engineering, procurement, and construction) project in the Maldives.

“Capacite Infraprojects owns a 51 percent share in the joint venture. The project is expected to be completed within 18 months from the date of commencement,” the company said.

Building and real estate projects are the areas of expertise for Capacite Infraprojects Limited, a construction company. It provides design and construction, general contracting, and other services. The company's clients include private real estate developers Kalpataru, Hiranandani, and K Raheja Corp. as well as public sector organizations like MHADA and CIDCO.

Source: Media Reports