Adani Enterprises on Friday mentioned it has gained a Rs 1,169.10 crore freeway venture in Odisha from the Nationwide Highways Authority of India (NHAI).
The contract has been gained by Adani Enterprises’ wholly-owned subsidiary Adani Street Transport Ltd (ARTL).
“ARTL has obtained a letter of award (LOA) for …growth of Six Lane Badakumari – Karki Part of NH-130-CD Street … below Raipur-Visakhapatnam Financial Hall within the State of Odisha on HAM (hybrid annuity mode),” the corporate mentioned in a regulatory submitting to the BSE.
The corporate mentioned its bid venture value is Rs 1,169.10 crore and the development interval is 2 years.
It additional mentioned ARTL would proceed to guage and bid for enticing alternatives within the transport sector which generates worth for the stakeholders.
The group would use its immense experience and expertise of establishing advanced and mammoth infrastructure tasks in report time and to world-class high quality requirements and likewise efficiently working them, it added.
With this venture award, Adani Group could have a complete of 10 NHAI street tasks below HAM, Toll-Function-Switch (TOT) and Construct-Function-Switch (BOT) Toll foundation in Chhattisgarh, Telangana, Andhra Pradesh, Madhya Pradesh, Kerala, Gujarat, West Bengal and Odisha.
(Solely the headline and movie of this report might have been reworked by the Enterprise Customary employees; the remainder of the content material is auto-generated from a syndicated feed.)
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