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J Kumar infraprojects wins Rs 509 cr project in Lucknow

The Business Guardian

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October 18, 2023

The infrastructure firm's rose 5% in trade and hit a new 52-week high on October 17 following the receipt of a letter of acceptance for a project worth Rs 509 crore, for which J Kumar Infraprojects is the lone bidder in receipt of the LOA.

J Kumar infraprojects wins Rs 509 cr project in Lucknow

In an engineering, procurement, and construction method, the organization will supply technical accommodations and auxiliary infrastructure for the Command Hospital, Lucknow. GST is included in the project's total consideration of Rs 590 crore. With 30 months for construction and 60 months for maintenance, the project is projected to take 90 months to complete.

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