Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
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Adani Enterprises receives LoA for new Hybrid Annuity Road Project

Date: 04-04-2018

Adani Enterprises has received a letter of award (LoA) for a new Hybrid Annuity Road Project from National Highway Authority of India (NHAI). With this, the company has marked its entry into the public transport infrastructure space.

The company led consortium has received LoA for construction of four lane with paved shoulder configuration of Bilaspur - Pathrapali (Km 0+000 to Km. 53+300) section of NH-111 (New NH-130) in the State of Chhattisgarh under Bharatmala Pariyojana on Hybrid Annuity Mode. The construction period is 730 days, the project length is 53.3 km and the company has bid project cost of Rs 1140 crore.

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.