Artefact Projects Limited, in association with KCS Engineering Private Limited, has won a ₹2.93 crore contract from the National Highways Authority of India. The company will serve as the independent Supervision Consultant for a 38.2-kilometer section of NH-149B in Chhattisgarh during its 38-month operations and maintenance phase.
NAGPUR, India — Nagpur-headquartered engineering consultancy Artefact Projects Limited has officially secured a significant infrastructure mandate from the National Highways Authority of India (NHAI) to provide supervision services in the state of Chhattisgarh. According to a regulatory disclosure filed today with the BSE Limited, the domestic project will focus on the operations and maintenance stage of a vital national highway corridor.
The critical development highlights India's ongoing efforts to enhance road safety, optimize transit workflows, and safeguard massive public capital investments through structured third-party engineering audits. By leveraging specialized consulting engineers during the operations and maintenance (O&M) cycle, the highway authority aims to preserve high-speed multi-lane road standards and minimize structural degradation along active economic corridors.
Technical Scope and Partnerships in Chhattisgarh Road Network
According to corporate filings submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Artefact Projects Limited will execute the highway engineering mandate in an official corporate partnership. The joint enterprise pairs Artefact Projects Limited in association with M/s KCS Engineering Private Limited.
The joint operation has received the formal Letter of Award (LoA) to serve as the official Supervision Consultant (SC). The technical boundaries of the consulting contract are focused on:
The Designated Highway Corridor: The prominent four-lane highway section linking the Champa, Korba, and Katghora regions in Chhattisgarh.
The Route Parameters: The project specifically spans National Highway 149B (NH-149B) from design chainage 0.000 to chainage 38.200 (Package-I).
The Operational Stages: Comprehensive technical oversight and performance monitoring during the critical operations and maintenance (O&M) lifecycle phase.
Commercial Scale, Timelines, and Statutory Clearances
The engineering contract guarantees a stable, multi-year revenue runway for the consulting partners. The institutional data appended to the corporate brief confirms that the total contracted fees for the project stand at ₹2,93,05,000 (Rupees two crore ninety-three lakh five thousand only). Notably, this commercial consideration is explicitly exclusive of statutory Goods and Services Tax (GST) allocations.
The contract carries a fixed operational timeline. The joint consulting teams are legally bound to deliver engineering supervision across a continuous time period of 38 months from the official project commencement date.
The distribution of this award adheres strictly to the financial and ethical governance frameworks mandated by Indian market regulators. In the official project breakdown matching SEBI Circular No. CIR/CFD/CMD4/2015, the secretarial office of Artefact Projects Limited clarified that neither its corporate promoters, promoter groups, nor any broader sister companies maintain any underlying commercial interest or cross-holding stakes within the awarding body. Furthermore, the company stated that the assignment does not invoke any related party transaction rules, establishing a clean, arm's-length open procurement victory.
Official Sources Section
The corporate indices, project values, and regional parameters detailed throughout this report originate directly from statutory compliance documents signed by Rani Maheshwari, Company Secretary and Compliance Officer for Artefact Projects Limited. The document was formally filed with the corporate relations department of BSE Limited, where the company trades under Scrip Code: 531297.
Quote Section
The specific components of the engineering alignment were officially detailed by the corporate secretarial office.
"Notice is hereby given that the company has been awarded the project for Supervision Consultant (SC) Service during the O&M stage of the 4-lane road of the Champa-Korba Katghora section of NH-149B in the State of Chhattisgarh," stated Rani Maheshwari, Company Secretary, in the statutory stock exchange disclosure.
The project specifications document from the Nagpur corporate headquarters further clarified:
"According to officials, the contract has been awarded to a domestic entity for a specific time period of 38 months, with total broad commercial considerations evaluated at ₹2,93,05,000 exclusive of applicable GST lines."
Why It Matters
For daily commuters, heavy logistics firms, and commercial freight businesses traveling across the industrial Champa-Korba-Katghora route, the deployment of a dedicated supervision consultant ensures proactive pothole management, clear highway signage upkeep, and well-maintained traffic infrastructure.
For stock market investors and asset managers evaluating the infrastructure services ecosystem, this contract success emphasizes Artefact Projects' capacity to steadily grow its specialized O&M consulting portfolio. This business segment provides highly predictable, long-term fee structures compared to volatile early-stage construction consulting, offering a stabilized revenue stream over the next three years.
Key Facts at a Glance
The Infrastructure Mandate: Artefact Projects Limited, alongside KCS Engineering Private Limited, has bagged an NHAI highway supervision contract.
Financial Scale: The contract value is fixed at ₹2,93,05,000, excluding statutory GST additions.
Geographic Alignment: Operations are focused entirely on the 38.2-kilometer four-lane segment of NH-149B in Chhattisgarh.
Project Horizon: The engineering oversight mandate spans a continuous operational duration of 38 months.
Compliance Record: The contract was clean-vetted by corporate boards as a standard, non-related party open market award.
Frequently Asked Questions (FAQ)
What is the specific role of a Supervision Consultant during the O&M stage?
A Supervision Consultant acts as an independent engineering auditor for the government. They supervise the concessionaire or contractor to ensure the road remains safe, structurally sound, and compliant with all tolling and maintenance metrics.
Which parts of National Highway 149B are covered under this contract?
The project covers Package-I of the Champa-Korba-Katghora four-lane road, running specifically from design chainage 0.000 to chainage 38.200.
How long will Artefact Projects be involved with this highway asset?
The contract defines a fixed operational window of 38 months to provide independent supervision and consulting engineers.
Source: Artefact Projects Limited Investor Desk, Company disclosure to Stock Exchanges
