Adani forays into road infrastructure

Adani Group has forayed into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the NHAI.
The Rs 1,140 crore project pertains to four-laning with paved shoulder of 53.3km stretch on Bilaspur-Pathrapali section of NH-111 in Chhattisgarh under Bharatmala Pariyojana on Hybrid Annuity Mode (HAM).
The company recently participated in tenders issued by NHAI under Bharatmala Pariyojana, and the company-led consortium has received a letter of award (LOA) from the NHAI for the project. The group would bring to use its expertise of setting up complex infrastructure projects in record time and to quality standards. The construction period for the project has been fixed as 730 days while operational period would be 15 years.