RPP Infra Joins Hands Wwith Wills Realtors for Sri Lanka Housing Project

RPP Infra Projects Ltd is an Indian company specialising in infrastructure and construction, focusing on civil construction, infrastructure development, and engineering initiatives. Its main areas of operation encompass residential and commercial buildings, industrial facilities, and educational institutions, as well as the construction of roads, bridges, irrigation systems, water management projects, and power transmission networks.

RPP Infra signs agreement with Wills Realtors Pvt Ltd

In a notable advancement towards international growth, RPP Infra Projects Ltd has entered into a preliminary agreement with Wills Realtors Pvt Ltd to develop the esteemed “96 Legends” Project in Sri Lanka. Through this strategic partnership, the company, or one of its subsidiaries, will take on the role of project developer and will also provide a portion of the necessary capital investment.

This collaboration represents a significant step forward for the company’s global expansion and highlights its dedication to delivering high-quality real estate solutions. Previously, RPP Infra Projects Ltd successfully secured two substantial contracts.

RPP Infra Contracts

The first contract, valued at ₹21.83 crore, has been awarded to the Bhabha Atomic Research Centre’s Nuclear Recycle Board for the establishment of support structures and infrastructure at the FRFCF project site in Kalpakkam, Tamil Nadu. 

The second contract, amounting to ₹38.32 crore, is with the State Industries Promotion Corporation of Tamil Nadu Limited for the development of internal infrastructure at the Mega Leather Park in Panapakkam, located in the Ranipet District of Tamil Nadu. Both projects are domestic initiatives and are anticipated to be completed within 18 months and 11 months, respectively.

RPP Infra Projects Ltd Share Price Update & Finance

RPP Infra Projects Ltd. shares are currently priced at ₹213.32 each, reflecting a rise of 5% as of 2:42 PM. The highest traded price today has been ₹227.00. RPP Infra Projects has a market capitalisation of ₹ 776 crore.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.