Maytas Infra, a Hyderabad-based construction and infrastructure development company, has bagged a project worth Rs 110 crore from the Southern Railways for doubling the broad gauge track between Chengalpattu and Villupuram in Tamil Nadu.
In joint venture with Chennai-based CT Ramanathan and Co, Maytas Infra will execute the project in 18 months from the date of agreement.
"The project, when completed will aid Southern Railways significantly ease the traffic flow between Chengalpattu and Villupuram. We look forward to deliver this project on time," said VV Rama Raju, chief financial officer of Maytas Infra.
Maytas has so far executed 10 projects and has on hand 20 ongoing projects in the transportation vertical. Its current orderbook stands at Rs 11,000 crore to be executed in the next 30 to 36 months.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app