Deals6 Sept 2024, 01:29 am
Udayshivakumar Infra Secures Rs.29.53 Crores NH Project in Karnataka
AI Summary
Udayshivakumar Infra Ltd has won the bid for a National Highways project in the state of Karnataka. The project, worth Rs.29.53 Crores including GST, is a Performance Based Maintenance contract (PBMC) for the stretches from Km.4.627 to 56.30 of NH-52. The company has secured a Letter of Acceptance (LOA) and is set to enter an agreement with the principle contractor, The National Highways, Karnataka. The appointed date is yet to be issued.
Key Highlights
- Udayshivakumar Infra wins bid for a National Highways project in Karnataka
- The project is worth Rs.29.53 Crores including GST
- It is a Performance Based Maintenance contract (PBMC) for the stretches from Km.4.627 to 56.30 of NH-52
- The company has secured a Letter of Acceptance (LOA)
- The agreement is yet to be made with The National Highways, Karnataka