Published On:December 2 2023
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Artefact Projects Ltd Secures Projects Valued at Rs. 5.40 Crores

Artefact Projects Limited has clinched a significant project from the National Highway Authority of India (NHAI) for Consultancy Services as Independent Engineering. The project pertains to the Four-Laning of NH-716, stretching from China Orampadu (Design Km 64.200/Existing km 196.125 of NH-716) to Renigunta on NH71 near Tirupati Airport Road (Design Km 121.935/Existing Km 137.000) in the state of Andhra Pradesh. This project, designated as Package-2, spans a design length of 57.735 km and falls under the Hybrid Annuity Model (HAM) under Bharatmala Pariyojna.

Artefact Projects Limited has officially received the Letter of Award (LOA) for the aforementioned project from NHAI, as conveyed through LOA No. NHAI/AP/Tech/IE/NH-716/Kad-Reni/Pke-II/2022(E-166608)/1041A dated November 30, 2023.

The contracted fees for Artefact Projects Limited for the awarded project amount to Rs. 5.40 crores. This accomplishment adds to the company's portfolio of notable projects and strengthens its position as a key player in the infrastructure consultancy domain.

EQUITYBULLS





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