Thursday 19 March 2015

Madhucon Projects hits roof on receiving LoA worth Rs 397 crore from NHAI.

     Madhucon Projects has received the Letter of Award (LoA) on March 17, 2015 from National Highway Authority of India (NHAI) for the project work amounting Rs 397 crore. The order is for Improvement /Augmentation of two laning with Paved Shoulders from Km 1.600 to Km 80.000 (Existing Chainage) (Design Chainage from Km 1.600 to Km 80.133) of Nagapattinam - Thanjavur Section of NH-67 under NHDP-III on EPC mode (Total Design Length 78.533 Km) in the state of Tamil Nadu.
     Madhucon Projects is one of the India’s leading Engineering, Procurement and Construction (EPC) and Build, Operate and Transfer (BOT) contractors and has executed wide ranging projects in the areas of State & National Highways, Bridges, Flyovers, Irrigation Projects (Dams, Canals, Tunnels) Industrial Projects, Townships, Railway Projects etc.
     Madhucon Projects is currently trading at its upper circuit limit of Rs. 60.95, up by 2.90 points or 5.00% from its previous closing of Rs. 58.05 on the BSE.

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