The Company in consortium with Gammon Engineers And Contractors Private Limited (''GECPL'') (GECPL being the lead member), has received a letter of award from the National Highways Authority of India (NHAI) for the project to undertake ''Rehabilitation and Up gradation of existing 2-lane to 4-lane standards from Duburi to Chandikhole Section of NH 200 (New NH 53) from km. 388.376 to km 428.074 in the State of Odisha Under NHDP Phase - III on EPC Mode (Pkg- III)'' (the ''Project'').
The Project has been awarded by the NHAI on a bid price of Rs. 577 Crores. The construction period of the Project is 910 days. The Company has 40% share in the consortium.