Current Date: 21 Nov, 2024

HMPL Secures ₹275 Crore Maharashtra Road Project

Hazoor Multi Projects Ltd (HMPL) has successfully emerged as the lowest bidder for a significant road project in Maharashtra, valued at approximately ₹275 crore. The infrastructure company secured the contract from the Maharashtra State Infrastructure Development Corporation (MSIDC) with a competitive bid of ₹273.74 crore, excluding GST.

The project, which will be executed on an engineering, procurement, and construction (EPC) basis, involves the widening and improvement of a crucial road stretch from Paldhi Amalner Dondaicha Nandurbar Dhanora to the Gujarat State Border. The work is slated to be completed over a span of 2.5 years, enhancing connectivity and infrastructure in the region.

HMPL, known for its expertise in road construction under the EPC model, is poised to deliver on this project, which is expected to play a vital role in regional development. The successful bid marks a significant achievement for HMPL, further solidifying its position in the infrastructure sector.

This project is part of a broader initiative by MSIDC to improve road networks across Maharashtra, contributing to better transportation facilities and economic growth in the state.

News by Rahul Yelligetti

Share

Source : Projxnews