W.S. Industries Wins ₹86.26 Crore Contract for Tiruchirappalli Bus Terminal Project
W.S. Industries (India) Limited Secures Major Construction Contract for Tiruchirappalli’s Integrated Bus Terminal and Utility Facility Center
Chennai, India – January 9, 2025 – W.S. Industries (India) Limited (WSI), a prominent name in India’s construction sector, has been awarded a significant contract for additional and balance works at the Integrated Bus Terminal and Multi-Utility Facility Center in Tiruchirappalli, Tamil Nadu. This high-value project, worth approximately ₹86.26 crore (inclusive of GST), has been entrusted to WSI by CMK Projects Private Limited.
Project Details
- Client: CMK Projects Private Limited
- Scope of Work: Additional and balance construction works for the Integrated Bus Terminal and Multi-Utility Facility Center
- Location: Tiruchirappalli City Corporation, Tamil Nadu
- Contract Value: ₹86.26 crore (inclusive of GST)
- Contract Type: Sub-contract
- Duration: 4 months
Related Party Transaction
The agreement qualifies as a related party transaction, as WSI’s Managing Director, Mr. C.K. Venkatachalam, and Director, Mr. C.K. Balasubramaniam, have affiliations with CMK Projects Pvt. Ltd. WSI has emphasized that the deal was executed on an arm’s-length basis, ensuring full compliance with governance standards for transparency and fairness.
WSI’s Track Record and Role
WSI brings a wealth of expertise in managing complex infrastructure projects. Known for delivering quality and timely results, the company is well-positioned to undertake this transformative project. Its proficiency in infrastructure development is set to ensure the project’s success, enhancing the region’s transportation and public utility services.
Significance for Tiruchirappalli
Once completed, the Integrated Bus Terminal and Multi-Utility Facility Center will serve as a key infrastructure upgrade for Tiruchirappalli, improving connectivity and providing modern amenities to its residents. This development is expected to boost the city’s appeal, fostering economic growth and making it a more vibrant destination for businesses and the community.