K2 Infragen secures ₹142.14 crore road project in Gujarat

Gurgaon: K2 Infragen Limited has secured a road project contract worth INR 142.14 crores for the “Strengthening and Maintenance works/activities on the section from Km 0.00 to Km 123.454 of the Jetpur-Somnath Section (excluding Junagarh Bypass, 103 Km) in the state of Gujarat, under a Performance-Based Maintenance Contract (PBMC).”

The contract was awarded by NHAI to M/s SRM Contractors Ltd. and will be executed by K2 Infragen Ltd., the company announced on Monday.

An official press release from the company said, “This order further strengthens K2 Infragen’s credentials and enhances its ability to bid for direct contracts from NHAI in the future. With this addition, the company’s total order book under execution now stands at INR 550 crores, providing strong growth visibility.”

Mr. Pankaj Sharma, Managing Director at K2 Infragen, stated, “We are honored to have secured this landmark project-our largest single order in the Roads & Transport infrastructure domain. While the scheduled completion is set for September 2026, we expect to complete most of the construction within this year. The company continues to secure significant contracts of NHAI while diversifying into the Transmission & Distribution (T&D) and Railways sectors. We have developed in-house expertise across design, procurement, and construction supervision, delivering comprehensive EPC solutions spanning roads, railways, water supply, and civil construction. By integrating AI-driven solutions to optimize efficiency in turnkey projects, we are reinforcing our position as a leader in multi-sector infrastructure development. Additionally, we are also actively exploring opportunities in the solar EPC space, anticipating a major breakthrough soon and are actively engaging in discussions with financial institutions to enhance fund-based and non-fund based credit limits.”