Adani Enterprises (AEL) has received a letter of award (LoA) from the National Highways Authority of India (NHAI).
The scope of work involves four-laning of Nanasa to Pidgaon section of NH-47 (old NH-59A) (Indore-Harda, Package-III) (length-47.445 km), design ch 95.000 km to 142.445 km under
Bharatmala Pariyojana Phase-I (Economic Corridor) in the state of Madhya Pradesh on Hybrid Annuity Mode (HAM).
The bid project cost is Rs 866.64 crore. The construction period is for two years and the operation period is for 15 years.
With this, the company will have total five NHAI road projects under HAM spanning in the states of Chhattisgarh, Telangana, Andhra Pradesh and Madhya Pradesh.