NESCO Ltd Surrenders Bengaluru-Chennai Expressway Site

NESCO Ltd has applied to surrender one of its leased sites on the Bengaluru-Chennai Expressway to National Highways Logistics Management Limited (NHLML). The company cited infrastructure deficiencies, regulatory issues, land-related problems, and challenging site conditions as reasons for the surrender, which have led to delays and reduced commercial feasibility. The financial impact of this surrender is currently undetermined and depends on NHLML's decision. NESCO continues development on four other sites along the Hyderabad-Visakhapatnam Expressway.