Adani Transport wins ₹1,040 crore highway contract from NHAI in Telangana
NEW DELHI : Adani Road Transport Ltd (ARTL) on Wednesday said it has won a ₹1039.90 crore highway project from NHAI in Telangana.
“We are pleased to inform you that ARTL has received a letter of award (LOA) for …four laning of NH-365A from Kodad to Khammam in the State of Telangana under Bharatmala Pariyojana on Hybrid Annuity Mode (HAM),” the company said in a BSE filing.
The bid cost of the project is ₹1,039.90 crore, it added.
The construction period of the project is two years, while the operation period is 15 years, it noted.
ARTL is a wholly-owned subsidiary of Adani Enterprises Limited (AEL), part of Adani Group.
