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Leading Indian engineering, procurement, and construction (EPC) company Ahluwalia Contracts (India) Limited announced it secured a new order from the Airports Authority of India (AAI), a domestic entity.
The contract involves constructing a new terminal building and related works at the Lal Bahadur International Airport in Varanasi using an EPC model. The project is valued at Rs. 893.48 crore (excluding GST) and must be completed within 36 months. Importantly, there are no conflicts of interest between Ahluwalia Contracts and the AAI.
Ahluwalia Contracts (India) Limited is engaged in engineering and contract construction, delivering state-of-the-art infrastructure and building projects for clients in India. Additionally, the company has experience in working on residential, commercial, power plants, hospitals, hotels, IT parks, Metro stations & depots, etc. for Government as well as private clients. The company has a market cap of over Rs 9,000 crore.
