Deals3 Nov 2026, 08:32 pm
Highway Infrastructure Bags ₹198.3 Cr CPWD Contract
AI Summary
Highway Infrastructure Limited has secured a Letter of Acceptance (LOA) worth ₹1,98,30,99,984.08 (₹198.30 Crore) from the Central Public Works Department (CPWD). The contract is for the planning, designing, and construction of residential and non-residential infrastructure in Phase-I for the establishment of the CISF 12th Reserve Battalion in Sehore, Madhya Pradesh, on an EPC Mode-I basis. The project is expected to be executed within two years. This significant award marks a substantial business development for the company in the infrastructure sector.
Key Highlights
- Received LOA for ₹198.30 Crore infrastructure project.
- Contract awarded by Central Public Works Department (CPWD).
- Project involves planning, design, and construction of residential/non-residential infrastructure.
- Execution timeline for the project is two years.
- No promoter interest in the awarding entity or related party transactions.
Price Impact
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