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.
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.
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.
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.
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.
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.
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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.
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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Published on: Mar 5, 2026, 11:09 AM IST
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