NESCO Ltd Surrenders 4 Highway Sites Due to Issues

NESCO Ltd has applied to surrender four highway sites leased from National Highways Logistics Management Limited (NHLML) on the Raipur-Visakhapatnam Expressway. The decision stems from adverse impacts due to local unrest, infrastructure deficiencies, regulatory and land-related issues, and challenging site conditions, which have led to delays and reduced commercial feasibility. The company is continuing development on four other sites along the Hyderabad-Visakhapatnam Expressway. The financial impact of the surrendered sites is currently undetermined and depends on NHLML's actions.