Ramky Infrastructure Share Price Surges Over 12%; Bags ₹1,402 Crore EPC Order from MITL

Ramky Infrastructure Ltd has signed an Engineering, Procurement and Construction (EPC) agreement with Maharashtra Industrial Township Ltd (MITL) for infrastructure works at the Dighi Port Industrial Area (DPIA) in Maharashtra.  

As per an exchange filing, the contract is valued at ₹1,401.84 crore, including GST and operations and maintenance (O&M) revenue.  

Part of Delhi-Mumbai Industrial Corridor Development 

The project forms part of Phase I, Package A of the DPIA development being carried out under the Delhi-Mumbai Industrial Corridor (DMIC) programme.  

The industrial area is located in Raigad district and is being developed to support manufacturing and industrial activities.  

Scope of EPC Work 

Under the agreement, Ramky Infrastructure will handle the design, construction, testing and commissioning of infrastructure required within the industrial area. The contract also includes post-completion operations and maintenance responsibilities.  

The work involves building internal roads and related structures, stormwater drainage networks, water treatment and distribution systems, and sewerage infrastructure. It also includes recycled water distribution networks, power distribution lines and utility ducts for information and communication technology (ICT) services.  

These systems are part of the basic infrastructure required for industrial units planned in the Dighi Port Industrial Area. 

Project Timeline  

The construction phase of the project is expected to be completed within 930 days from the appointed date. After the infrastructure is commissioned, the company will undertake operations and maintenance of the systems for a period of 4 years.  

The O&M period can be extended if both parties agree.  

Maintenance 

MITL functions as a special purpose vehicle formed with equity participation from the Government of India and the Government of Maharashtra. It has been set up to develop parts of the Dighi Port Industrial Area under the broader industrial corridor initiative.  

About Ramky Infrastructure 

Ramky Infrastructure Ltd is part of the Ramky Group and is headquartered in Hyderabad. Incorporated in 1994, the company works on infrastructure and EPC projects across sectors such as industrial infrastructure, water, roads, bridges etc.  

The company has a workforce of more than 2,000 employees and operates in India and overseas markets.  

Read More: Shriram Finance Share Price in Focus; Secures $76 Million Co-Financing from DEG and Citi! 

Ramky Infrastructure Share Price Performance  

As of March 5, 2026, 9:46 am, Ramky Infrastructure share price was trading at ₹483.00, a 12.25% increase from the previous closing price. 

Conclusion 

The EPC agreement covers Phase I of the Dighi Port Industrial Area project in Maharashtra. Ramky Infrastructure will undertake design, construction, testing and commissioning of the facilities. The contract also includes operations and maintenance of the infrastructure for 4 years after completion. 

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