
Deals10 Oct 2026, 03:29 pm
Hazoor Multi Projects Wins ₹77.59 Cr NHAI Contracts
AI Summary
Hazoor Multi Projects Limited has secured two significant work orders from the National Highways Authority of India (NHAI) for user fee collection and maintenance services. The first contract, valued at ₹49.49 Crores, covers the Kannoli Fee Plaza and Harval Fee Plaza for the Bijapur-Gulbarga-Homnabad section of NH-218 in Karnataka. The second contract, worth ₹28.10 Crores, is for the Gaddurur (Nangli) Fee Plaza on the Mulbagilu to AP/KNT Border Section of NH-75. Both contracts are for a duration of one year and were awarded based on competitive e-tendering. These awards are expected to bolster the company's revenue streams and operational footprint in the highway management sector.
Key Highlights
- Secured two NHAI contracts totaling ₹77.59 Crores.
- Contracts involve user fee collection and maintenance services.
- Projects are for NH-218 and NH-75 sections in Karnataka.
- Contracts are for a one-year duration.
- Awards received through competitive e-tendering.
Price Impact
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