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Adani Enterprises receives LoA for road project in Madhya Pradesh

01 Apr 2020 Evaluate

Adani Enterprises (AEL) has received a letter of award (LoA) from National Highways Authority of India (NHAI) for the road project in the state of Madhya Pradesh. The company has recently participated in tender issued by NHAI under Hybrid Annuity Mode.

The project is for four laning of Nanasa to Pidgaon section of NH-47 (Old NH-59A) (Indore-Harda, Pkg-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.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.

Adani Enterprises Share Price

2218.35 13.35 (0.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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