Business Update15 Apr 2026, 02:07 pm
SRM Contractors bags ₹168 Cr in new construction contracts
AI Summary
SRM Contractors Ltd has secured two new contracts totaling ₹168 Crores. The first contract, valued at ₹128 Crores, was awarded by the National Highways Authority of India (NHAI) for long-term remedial measures of an identified landslide location on NH-03 in Himachal Pradesh, to be completed in 12 months. The second contract, worth ₹40 Crores, was awarded by the Public Work Department, Maharashtra, for the construction of a 2L + PS configuration road, minor bridge, and culvert on NH-353K in Maharashtra, with an 18-month execution period. Both are domestic projects awarded on an EPC mode.
Key Highlights
- SRM Contractors secured new orders worth ₹168 Crores.
- A ₹128 Cr contract from NHAI for a Himachal Pradesh project.
- A ₹40 Cr contract from Maharashtra PWD for a road project.
- Projects involve landslide remedial measures and road construction.
- Execution timelines are 12 and 18 months respectively.