Adani Grp wins yet another project from NHAI
New Delhi: Adani Enterprises has bagged a Rs 1,169 crore highway project from NHAI. The project is in Odisha. The project has been bagged by Adani Enterprises' subsidiary Adani Road Transport Ltd (ARTL).
"ARTL has received a letter of award (LOA) for ...development of Six Lane Badakumari - Karki Section of NH-130-CD Road ...under Raipur-Visakhapatnam Economic Corridor in the State of Odisha on HAM (hybrid annuity mode)," the company said in a regulatory filing.
The construction period for the project is 2 years.
Adani Grp now has 10 NHAI projects. These projects are under Toll-Operate-Transfer (TOT), HAM, and Build-Operate-Transfer (BOT) basis in states like Andhra, Chhattisgarh, West Bengal, Telangana, Madhya Pradesh, Gujarat, Kerala and Odisha.