Railway stock, K&R Rail Engineering Ltd signs MoU with Indian Port Rail and Ropeway

Indian Port Rail and Ropeway Corporation Limited, a public sector enterprise under the Ministry of Shipping, and railway stock, K&R Rail Engineering Limited, have inked a Memorandum of Understanding.

The agreement focuses on carrying out major road, highway, railway, and port projects in India and overseas that are valued between Rs 50 crore and Rs 5000 crore.

The partnership includes a joint venture agreement for executing civil projects up to Rs 5000 crore under the EPC model in Phase II. The projects aim for seamless growth and mutual benefits for both organizations, enhancing infrastructure development in key sectors under a domestic contract.

The partnership enhances K&R Rail Engineering's standing in the infrastructure development industry by utilising its proficiency in effectively managing large-scale projects and growing its presence in both domestic and foreign markets.

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K&R Rail Engineering is a railway infrastructure company specializing in EPC projects for railways, roads, highways, and ports. It focuses on large-scale civil projects, offering engineering solutions for seamless transportation development across India and expanding its presence in global markets.

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