Adani Grp bags yet another project from NHAI

New Delhi: Adani Road Transport Ltd has bagged Rs 1040 crore highway construction project from NHAI in the state of Telangana.

The company received the letter of award for 4-laning of NH-365A from Kodad to Khammam in Telangana. The project comes under Bharatmala Pariyojana and has been awarded to the Adani Grp company on hybrid annuity model, the company said in a regulatory fling. 

The construction time period of the project is 2 years. The company has been allowed to operate it for 15 years. Adani Road Transport  is a subsidiary of Adani Enterprises Ltd which is part of the Adani Grp.

With this, Adani Grp has eight NHAI road projects in Andhra Pradesh, Chhattisgarh, Kerala, Telangana, Madhya Pradesh and Gujarat.