J M Mhatre Infra Wins Key NAINA Road Development Bid

J M Mhatre Infra has emerged as the lowest bidder for a significant road development project under the NAINA initiative in Maharashtra. The City & Industrial Development Corporation (CIDCO) awarded the bid to the company for its proposed work on several wide roads.

The project involves constructing roads of 20 meters, 27 meters, and 30 meters in width within TPS 5 and TPS 6 areas under the NAINA scheme. This development is part of the larger integrated infrastructure efforts aimed at improving transportation and connectivity in the region.

The company secured the contract with a quoted value of ₹385.50 crores, demonstrating its competitive edge and capability in handling large-scale infrastructure projects. This win marks a significant achievement for J M Mhatre Infra, reinforcing its position as a major player in the infrastructure sector.

As part of the NAINA project, this development is expected to enhance urban infrastructure, facilitating smoother traffic flow and better access within the designated areas. The successful bid underscores the company's commitment to contributing to Maharashtra's infrastructural growth and development.

News by Rahul Yelligetti