Core Announcement – Order Details
Awarding Entity: National Highways Authority of India (NHAI)
Domestic/International Order: Domestic
Nature of Order/Contract:
Engineering, Procurement, Construction (EPC) contract for Balance Work for Construction of 8-lane access-controlled Expressway from Km 128.0 to Km 154.6 of Vadodara-Mumbai Expressway (Karvad to Jujuwa section) in Gujarat on EPC mode (Pkg-IX).
Order Value:
Accepted EPC Price for the Project is Rs. 865.90 Crore, excluding GST.
Materiality Context:
Not Specified
Execution Timeline:
18 months
Revenue Recognition / Billing Structure:
Not Specified
Key Terms & Payment Milestones:
Defect Liability Period of 10 years. No other payment terms or milestone details disclosed.
Whether Related Party Transaction:
No
Promoter Group Involvement:
No
Financial Implication:
Not Specified