New Delhi: Adani Enterprises Limited has received a contract worth Rs 1,546 crore from the National Highways Authority of India (NHAI).
The company said in a briefing to the stock market on Wednesday that the contract was awarded to the group led by its company for construction under the Bharatmala project.
The company said that it has got the contract to build the six-lane Vijayawada bypass between Golapudi to Chinnakakani on NH-16 in Andhra Pradesh. It also includes the construction of a bridge over the Krishna River at Vijayawada Gundugolanu. The Bharatmala Project is a government-funded road and highway project. The company had bid Rs 1,546.31 crore for the 17.88 km long road contract. Its construction is to be completed in two and a half years.