Artefact Projects Ltd has been awarded a Rs 31.2 million contract by the National Highways Authority of India to provide supervision consultancy services for the operation and maintenance of a 99.1 km stretch of NH-163 between Yadgir and Warangal, in partnership with Pioneer Infra Consultants and Neoteric Consultant LLP.
Artefact Projects Ltd, a Nagpur-based project management and engineering consultancy, has announced a significant win under SEBI Regulation 30 disclosures. The company has received a Letter of Award from the National Highways Authority of India (NHAI) for supervision consultancy services during the operation and maintenance phase of NH-163. The project covers a 99.103 km stretch from Km 54.000 to Km 153.103 between Yadgir and Warangal in Telangana.
Key Highlights
-
The contract value is Rs 3,12,30,245 excluding GST
-
The project duration is 36 months, ensuring long-term engagement
-
Artefact Projects will execute the assignment in association with Pioneer Infra Consultants Pvt Ltd and Neoteric Consultant LLP
-
The scope involves consultancy services for paved shoulder lanes, enhancing operational efficiency and safety on NH-163
-
The award strengthens Artefact Projects’ portfolio in highway infrastructure consultancy and reinforces its presence in Telangana
This development underscores Artefact Projects’ growing role in India’s infrastructure sector, particularly in highway supervision and consultancy services.
Source: Artefact Projects Ltd, National Highways Authority of India