Niraj Cement Secures Rs. 220 Crore NHIDCL Road Project
Filing Summary
Niraj Cement Structurals Ltd has received a work order from the National Highways and Infrastructure Development Corporation Limited (NHIDCL) valued at Rs. 220 Crores, inclusive of GST. The contract involves the construction of an 11.268 km two-lane road with a paved shoulder for the Kohima Bypass in Nagaland. The project is part of the Special Accelerated Road Development Programme for the North Eastern States and will be executed on an EPC basis. The completion timeline is set for 24 months. The order does not involve any related party transactions.
Niraj Cement Structurals Ltd has announced the receipt of a work order from the National Highways and Infrastructure Development Corporation Limited (NHIDCL). The order is valued at Rs. 220 Crores, including GST, and pertains to the construction of a two-lane road with a paved shoulder for the Kohima Bypass in Nagaland. The project covers a design length of 11.268 km, connecting NH-39, NH-150, NH-61, and NH-39.
The construction is part of the Special Accelerated Road Development Programme for the Development of Road Network in the North Eastern States (SARDP-NE). The project will be executed on an Engineering, Procurement, and Construction (EPC) mode of contract. The completion timeline for the project is set at 24 months from the date of commencement.
The work order was awarded by a domestic entity, and there are no related party transactions involved in this contract. The company has confirmed that neither the promoter group nor any group companies have an interest in the entity awarding the contract.
The National Highways and Infrastructure Development Corporation Limited focuses on the development and maintenance of national highways and strategic roads across India. It plays a significant role in enhancing road infrastructure in the North Eastern region, aiming to improve connectivity and promote economic development.
Niraj Cement Structurals Ltd specializes in infrastructure development, focusing on road construction and related projects. The company engages in various projects across India, contributing to the enhancement of the country’s infrastructure. Its strategic priorities include expanding its project portfolio and strengthening its presence in the infrastructure sector.