Shalimar Corp Wins L-1 Bid for Rs 944.92 Cr Rajasthan Highway Project

Shalimar Corp has secured the lowest bidder (L-1) position for a major highway development project in Rajasthan under the Hybrid Annuity Model (HAM). Valued at Rs 944.92 crore, the project involves the four-laning of the Jhunjhunu-Chirawa-Pacheri section of NH-11, alongside the construction of a new bypass road.

Designed to enhance regional connectivity and traffic flow, the contract marks a significant milestone for the company pending final award formalities. This achievement bolsters Shalimar Corp’s growing order book and reinforces its footprint in India's infrastructure sector.

News by Rahul Yelligetti.