Infrastructure company Hazoor Multi Projects (HMPL) announced that it has emerged as the lowest bidder for a road project in Maharashtra, valued at approximately Rs 2.75 billion.

The project, which will be executed in engineering, procurement, and construction (EPC) mode, is expected to be completed over a period of 2.5 years.

HMPL mentioned that it secured the project from the Maharashtra State Infrastructure Development Corporation (MSIDC) at a bid price of Rs 2.73 billion, excluding GST.

The scope of the project includes the widening and improvement of a road stretch from Paldhi Amalner Dondaicha Nandurbar Dhanora to the Gujarat State Border on EPC mode, according to the company.

HMPL specialises in building road projects on an EPC basis.