Shradha Infraprojects Ltd has informed that one of its subsidiaries has signed a large sub-consultancy contract valued at ₹371.2 million with Nippon Koei, the world's leading engineering consultancy. The collaboration will provide best-in-class project management, technical assistance, and engineering expertise for future infrastructure projects in India.
Key Highlights:
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Scope of the Agreement:
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The ₹371.2 million sub-consultancy deal covers a range of technical and project management services, combining Nippon Koei’s renowned engineering know-how with Shradha Infraprojects’ deep local market understanding and execution capabilities.
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Strategic Partnership:
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This collaboration is poised to accelerate the pace and quality of infrastructure development, particularly in sectors such as transportation, urban development, and environmental engineering—areas where Nippon Koei has a proven global track record.
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Value Addition and Knowledge Transfer:
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The partnership will involve technology transfer, global best practices adoption, and end-to-end project monitoring. Shradha Infraprojects will gain state-of-the-art methods, thereby ensuring timely completion and the application of the best quality standards.
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Boost to Local Infrastructure:
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The tie-up will help improve the effectiveness and efficiency of large-scale infrastructure projects, driving regional economic development and enhanced public facilities.
Leadership Insights:
A representative from Shradha Infraprojects said,
“This sub-consultancy deal with Nippon Koei is a landmark in our journey toward delivering world-class infrastructure. Leveraging their expertise will enable us to offer unmatched project management and engineering solutions to our clients.”
Outlook:
The collaboration is set to unlock new opportunities and reinforce Shradha Infraprojects’ status as an emerging player in India’s fast-evolving infrastructure landscape.
Source: Company announcement, stock exchange filing, April 15, 2025.