New Delhi station redevlopment project: Joint venture of HG Infra emerges lowest bidder
Rail Land Development Authority (RLDA) has declared the joint venture of HG Infra as the lowest bidder (L one bidder) for the New Delhi Railway Station redevelopment. The firm placed a bid of Rs 2,195.68 crore for the project that is to be completed in 45 months.
The joint venture has HG Infra holding a 49% stake, while DEC Infrastructure Private Limited has a 51% share.
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