Published On:December 4 2023
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Artefact Projects Ltd Secures Projects Valued at Rs. 5.40 Crores
Artefact Projects Limited has achieved a significant milestone by securing a project from the National Highway Authority of India (NHAI) for consultancy services as Independent Engineering. The project involves the four-laning of NH-716 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) (Design length = 57.735 km), designated as Package-2 under the Hybrid Annuity Model (HAM) as part of the Bharatmala Pariyojna in the state of Andhra Pradesh.
Artefact Projects Limited received the Letter of Award (LOA) for the aforementioned project from NHAI, vide LOA No. NHAI/AP/Tech/IE/NH-716/Kad-Reni/Pke-II/2022(E-166608)/1041A dated 30th November 2023.
The contracted fees for Artefact Projects Ltd for the awarded project amount to Rs. 5.40 crores. This achievement underscores the company's expertise in providing consultancy services for crucial infrastructure projects and reinforces its commitment to contributing to the development of India's national highways. The project is expected to significantly enhance connectivity and transportation efficiency in the state of Andhra Pradesh.
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