Adani Enterprises bags Rs 1,838 cr highway project in Kerala
ROADS & HIGHWAYS

Adani Enterprises bags Rs 1,838 cr highway project in Kerala

Adani Enterprises Limited (AEL) recently secured a Rs 1,838 crore Bharatmala highway project from the National Highways Authority of India (NHAI) in Kerala.

The project which is under the hybrid annuity model (HAM), is a part of the Bharatmala Pariyojna.

AEL had recently participated in a tender issued by NHAI under HAM and the company received a letter of award (LoA) from NHAI for the road project in Kerala.

The 40.80 km project which will cost Rs 1,838 crore, pertaining to the six-laning of Azhiyur to Vengalam section of NH-17 (New NH-66) in Kerala.

AEL plans to continue to evaluate and bid for attractive opportunities in the transport sector to generate for stakeholders.

Image Source

Adani Enterprises Limited (AEL) recently secured a Rs 1,838 crore Bharatmala highway project from the National Highways Authority of India (NHAI) in Kerala. The project which is under the hybrid annuity model (HAM), is a part of the Bharatmala Pariyojna. AEL had recently participated in a tender issued by NHAI under HAM and the company received a letter of award (LoA) from NHAI for the road project in Kerala. The 40.80 km project which will cost Rs 1,838 crore, pertaining to the six-laning of Azhiyur to Vengalam section of NH-17 (New NH-66) in Kerala. AEL plans to continue to evaluate and bid for attractive opportunities in the transport sector to generate for stakeholders. Image Source

Next Story
Real Estate

Jharkhand to Allot 181 Flats via Online Lottery in February

The Jharkhand State Housing Board (JSHB) will allot 181 houses and flats through an online lottery system starting February. The process will be held for the first time entirely online, and interested applicants can apply from February 10 to March 10 via the JSHB's official website. Properties will be available under different categories, with the allotment based on a 90-year lease. Categories include Economically Weaker Section (EWS), Lower Income Group (LIG), Middle Income Group (MIG), and Higher Income Group (HIG), with varying sizes of houses and prices. For EWS, houses will have a super b..

Next Story
Infrastructure Urban

UP Cabinet Okays Municipal Bonds for Infrastructure

In a significant move aimed at bolstering infrastructure development in Uttar Pradesh, the state Cabinet approved the issuance of municipal bonds for the cities of Prayagraj, Varanasi, and Agra. The decision was made during a cabinet meeting chaired by Chief Minister Yogi Adityanath, which took place in the Maha Kumbh Mela area in Prayagraj. The new initiative will see the issuance of municipal bonds, enabling these cities to raise funds from the market for infrastructure projects. For every billion raised through these bonds, the state government will provide an additional Rs 130 million as ..

Next Story
Infrastructure Urban

Haryana Proposes New Policy on Tree Felling

The Haryana government has proposed a new policy on tree felling across non-forest land, which would remove the requirement for approval in urban areas on plots allocated by government bodies for residential, industrial, or infrastructure development. Currently, the forest department’s consent is mandatory for tree felling. The proposed policy seeks to replace all previous directives on tree felling outside forest areas, including those areas notified under Section 3 of the Punjab Land Preservation Act (PLPA), 1900. A committee is set to be formed to finalize the policy and revise compensat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000