Sunil Hitech bags Rs 982 crore road project in Maha

Sunil Hitech Engineers Ltd (SHEL) has acquired a highway project in Maharashtra. The project to widen a stretch on NH 211 will be implemented at a cost of Rs 982 crore.

In a filing to the BSE, the company said, “the National Highways Authority of India (NHAI) has given the work for constructing and widening “the existing 2-lane Bodhre to Dhule road section of NH-211 to four/six lane in Maharashtra for a bid project cost of Rs 982 crore on Hybrid annuity Model (HAM)”.

The construction of the 67.2 km road includes 2 new ROBs, 6 underpasses, 4 major bridges, 26 minor bridges and 2 new bypasses.

SHEL further said it will be signing the concession agreement soon. The construction period for the project is 2.5 years.

The company’s Managing Director Sunil Gutte said: “This is amongst one of the major projects awarded to the company in the road sector and is in line with the company’s vision to be a major player in the road sector.”

Image credit :corporateethos.com

Research Desk

Next Post

BHEL commissions 2500 MW facility in Assam

Sat Mar 25 , 2017
State-owned BHEL said it has commissioned a 250 MW unit at the upcoming Bongaigaon thermal power station in Assam. In a statement, the power equipment giant said, “BHEL is executing the main plant package contract for setting up three coal-fired units of 250 MW each at Bongaigaon TPS of NTPC. […]
BHEL commissions 2500 MW facility in Assam

Categories

Blog Stats