"Ahluwalia Contracts bags ₹888 crore EPC project to transform Bihar’s spiritual heartland."

Project Highlights - Project Value: ₹888.38 crore (inclusive of GST) - Location: Punauradham, Sitamarhi district, Bihar - Scope: Civil construction and overall development of Shri Ram Janmabhoomi Tirtha Kshetra - Execution Mode: EPC (Engineering, Procurement, and Construction) - Timeline: 42 months for completion This initiative is part of Bihar’s broader push to enhance religious tourism infrastructure and promote cultural heritage sites. Punauradham holds immense religious significance as the mythological birthplace of Sita, a central figure in the Ramayana. The project is expected to transform the site into a major pilgrimage and tourist destination, boosting local employment and regional development. Strategic Importance for Ahluwalia Contracts The order adds substantial weight to Ahluwalia Contracts’ already robust order book and reinforces its position as a leading player in India’s civil construction space. The company clarified that the contract was awarded by a domestic public sector entity and that neither the promoter nor the promoter group has any vested interest in the awarding body. Ahluwalia Contracts has been on a strong financial trajectory, recently reporting a 106% year-on-year increase in Q2 FY26 net profit, reaching ₹79 crore compared to ₹38.36 crore in the same quarter last year. The company’s stock has also seen a significant rally, gaining over 30% in the past nine months. Broader Implications This project aligns with the government’s vision of leveraging India’s rich cultural and religious heritage to drive tourism and economic growth. By investing in infrastructure at key spiritual sites, states like Bihar aim to attract pilgrims and tourists, thereby stimulating local economies and creating sustainable livelihoods. For Ahluwalia Contracts, this order not only enhances its visibility in the public infrastructure domain but also positions it as a key contributor to nation-building through culturally significant projects.