StockWatch
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Residential- Commercial Projects
Award15 Aug 2026, 12:30 pm

Hazoor Multi Projects Wins ₹28.47 Cr NHAI Contract

AI Summary

Hazoor Multi Projects Limited has been awarded a Letter of Award (LOA) by the National Highways Authority of India (NHAI) for user fee collection at Madangundi Fee Plaza. The contract, valued at ₹28.47 Crores, is for a period of one year. It includes the collection of user fees for the four-laning of NH-31 in Jharkhand and the upkeep of adjacent toilet blocks. This award signifies a new business win for the company in the infrastructure sector.

Key Highlights

  • Secured a ₹28.47 Cr contract from NHAI.
  • Contract duration is for one year.
  • Scope includes user fee collection and maintenance.
  • Awarded via competitive bidding.
  • Project located in Jharkhand.