Standard Post with Image

Supreme Infra Completes its First Marine Project

  • Supreme Infrastructure India Limited (SIIL), has completed EPC for 1st Marine project - Kasheli Bridge and commenced tolling operations. SIIL has completed its maiden project in the Marine Segment. The EPC work involved building a 6 lane flyover on Old Thane Nashik highway for a length of 1.2 km on the Thane Creek for Rs. 301 cr. This project was awarded to SIIL in 2009 by the Sangam group and has been completed in 36 months. The project involved complex engineering skills to cast pilling with depths ranging from 15 - 25 meters. This project is an engineering marvel and a reflection of our in house capabilities.
  • SIIL holds 10% equity stake in the Kasheli Bridge SPV viz. Kalyan Sangam Infratech Limited. This SPV was involved in the construction of the Kasheli Bridge on a BOT basis. The construction of Kasheli Bridge has been completed and tolling operations have commenced.The Supreme Infrastructure India Ltd stock closed the day at Rs.162.05, down by Rs.3.30 or 2%. The stock hit an intraday high of Rs.167.50 and low of Rs.161.45.The total traded quantity was 8451 compared to 2 week average of 5299.

Source