Ramky Infrastructure Ltd has entered into an engineering, procurement and construction (EPC) agreement with Maharashtra Industrial Township Ltd for infrastructure development at the Dighi Port Industrial Area (DPIA) in Maharashtra.
The contract relates to Phase 1, Package A of the project and includes a multi-year operations and maintenance component. The development forms part of the broader industrial corridor initiative in the Raigad district.
Ramky Infrastructure announced that it has signed an EPC contract valued at ₹1,401.84 crore, including GST and operations and maintenance revenues. The agreement has been executed with Maharashtra Industrial Township Ltd for infrastructure works at DPIA Phase 1, Package A.
The project will involve comprehensive infrastructure development aimed at supporting industrial activity in the region.
The company stated that the project is scheduled to be completed within 930 days from the appointed date. In addition to the construction phase, the agreement includes an operations and maintenance period of four years from the date of commercial operation (COD).
The maintenance period may be extended if both parties agree to do so.
Maharashtra Industrial Township Ltd serves as a special purpose vehicle established for the development of Parcel B of the Dighi Port Industrial Area. The entity has equity participation from the Government of India and the Government of Maharashtra.
The project is part of efforts to develop industrial infrastructure in the Raigad district and strengthen regional industrial connectivity.
The EPC contract covers the full project lifecycle, including design, engineering, construction, testing and commissioning. It also includes performance-based operations during the maintenance period.
Key infrastructure components to be developed include internal industrial-area road networks, stormwater drainage systems, water treatment and supply infrastructure, sewerage systems, recycled water distribution, power distribution networks and ICT utility ducts.
Ramky Infrastructure indicated that the project will be executed using its in-house engineering, planning and commissioning capabilities. The company plans to implement structured monitoring and project management systems to support delivery timelines.
Operational readiness measures will also be integrated during the construction phase to facilitate a smoother transition into the operations and maintenance stage.
Shares of Ramky Infrastructure Ltd were trading higher on 5 March 2026. The stock was quoted at ₹485.10, gaining ₹54.60 or 12.68% from the previous close of ₹430.50.
During the session, the share opened at ₹454.00 and moved between an intraday high of ₹492.40 and a low of ₹453.00.
Read More: GE Shipping Shares Reach 52-Week High After Kamsarmax Vessel Acquisition.
The EPC agreement for the Dighi Port Industrial Area project represents a new infrastructure assignment for Ramky Infrastructure within Maharashtra’s industrial development initiatives. The project combines construction and operational responsibilities, reflecting a long-term engagement framework. Its execution will contribute to the development of supporting infrastructure within the industrial corridor in Raigad district.
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Published on: Mar 5, 2026, 11:27 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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