Navayuga bags Rs 710 cr order

Hyderabad: Navayuga Engineering Company Ltd has bagged a road project worth Rs 710 crore from National Highway Authority of India (NHAI).The company would design, construct, finance, operate and maintain an access controlled highway on Bangalore-Nelamangala section on National Highway No. 4 on Build-Operate-Transfer (BOT) basis. The total length of the six-lane road project is 19.5 km with an elevated highway of 4.5 km. The revenues generated from the proposed tolling would accrue to the special purpose vehicle formed for implementation of the project which would be completed in two years.