Mumbai, Feb. 20 -- The project involves the appointment of the contractor for the design, engineering, procurement and construction (EPC) of the proposed Global Sports City. The contract is to be executed within 18 months from the date of handing over of the site and is subject to standard terms and a performance security clause.

The company clarified that neither the promoters nor the promoter group have any interest in the awarding entity. It also stated that the contract does not fall under related party transactions.

RPP Infra Projects, incorporated in 1995, is engaged in construction across multiple infrastructure verticals like roads, buildings, industrial structures, power, irrigation and waste management.

The company's consolid...