The JV of J. Kumar Infra Projects Limited and NCC Limited has received a letter of award worth Rs 63.01 billion for the implementation of Phase IIIB of the Goregaon-Mulund Link Road-Tunnel Project. In the JV, NCC Limited holds a 51 per cent stake and J. Kumar holds 49 per cent. The work allocation is Rs 32.13 billion for NCC and Rs 30.87 billion for J. Kumar. The project will be executed by an SPV.
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