K2 Infragen Secures ₹142 Crore Road Project in Gujarat, Strengthening Infrastructure Portfolio
Gurugram-based infrastructure firm K2 Infragen has announced a significant milestone with the acquisition of a ₹142 crore road project in Gujarat. This project, awarded under the engineering, procurement, and construction (EPC) mode, involves the upgrading and strengthening of the Jetpur-Somnath section, a critical part of the state’s transport infrastructure. The project also falls under a performance-based maintenance contract (PBMC), highlighting the company’s growing footprint in the infrastructure and road construction sectors.
The win represents K2 Infragen’s largest single order in the roads and transport domain to date, a major leap forward for the company. With this latest addition, K2 Infragen’s order book has surged to ₹550 crore, reflecting the firm’s strong position in the market and its ability to secure large-scale infrastructure projects. Pankaj Sharma, Managing Director of K2 Infragen, expressed his excitement about the achievement, stating that the project is a landmark moment for the company. “While the scheduled completion for this project is set for September 2026, we anticipate finishing most of the construction within this year,” Sharma said, underscoring the company’s commitment to delivering quality infrastructure at an accelerated pace. This ambitious timeline reflects K2 Infragen’s robust planning and resource management capabilities.
The Jetpur-Somnath road project is crucial for improving connectivity in the western region of Gujarat, an area that sees substantial traffic flow. Upgrading this stretch of road will enhance travel efficiency, reduce congestion, and contribute to the region’s economic development by making the transportation of goods and people faster and more reliable. This project is part of Gujarat’s broader efforts to improve its infrastructure and support its growing industrial and tourism sectors. The project will also be closely monitored through the PBMC framework, which ties the contractor’s performance to the quality and timeliness of the work. This performance-based approach ensures that K2 Infragen will be held to high standards, with a focus on maintaining the road’s condition over the long term. This ₹142 crore road project is a notable addition to K2 Infragen’s portfolio, which spans various sectors, including roads, transport, and energy. The company’s total order book now stands at ₹550 crore, positioning it as a key player in the infrastructure industry. The firm has demonstrated its ability to handle large, complex projects, earning the trust of government and private sector clients alike.
In addition to its current work in road infrastructure, K2 Infragen is actively exploring opportunities in the solar EPC (engineering, procurement, and construction) sector. This expansion into renewable energy aligns with the firm’s broader strategy of diversifying its offerings and contributing to sustainable development in India. With the country’s increasing focus on renewable energy, K2 Infragen’s foray into the solar sector could prove to be another lucrative avenue for growth. Looking ahead, K2 Infragen’s leadership is focused on continuing to grow its infrastructure business, both in roads and transport and in the renewable energy sector. The company’s successful track record, combined with its ability to manage large projects efficiently, sets it up for continued success in the highly competitive infrastructure market. The Jetpur-Somnath road project in Gujarat marks the beginning of an exciting new phase for K2 Infragen, and with ambitious plans for 2025 and beyond, the company is well-positioned to play a key role in India’s infrastructure development.
