Deals20 Jan 2026, 05:31 pm
Lords Mark Industries Ltd Secures Solar Highway Lighting Project at 10% Discount
AI Summary
Lords Mark Industries Ltd has received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI), Regional Office, Vijayawada for the Solar Highway Lighting Project at 104 locations across various sections of NH-16 and NH-216A in the State of Andhra Pradesh. The contract value is Rs. 11,87,07,152/- which is 10.00% below the NHAI estimated cost. The company is required to furnish a Performance Security of Rs. 59,35,358 /- within 30 days of receipt of the LOA.
Key Highlights
- Lords Mark Industries Ltd secures Solar Highway Lighting Project from NHAI
- Project worth Rs. 11,87,07,152/-
- 10.00% below the NHAI estimated cost
- Performance Security of Rs. 59,35,358 /- to be furnished within 30 days