FCC

HMPL Wins Lowest Bid for Maharashtra Road Project

2024-08-22

Hazoor Multi Projects (HMPL), an infrastructure company, announced that it had emerged as the lowest bidder for a road project valued at approximately Rs 2.75 billion in Maharashtra. The project, which will be executed under the engineering, procurement, and construction (EPC) mode, is set to span a period of 2.5 years. This information was disclosed by the company in an exchange filing.

HMPL secured the project from the Maharashtra State Infrastructure Development Corporation (MSIDC) with a bid price of Rs 2.73 billion, excluding GST.

The project's scope involves the widening and enhancement of the road stretch from Paldhi Amalner Dondaicha Nandurbar Dhanora to the Gujarat State Border Road, also to be carried out under the EPC mode.