Key Transaction Details
Dhruv Consultancy Services Limited has received a Letter of Award from National Highway Logistics Management Limited (NHLML) for Development, Operation, and Maintenance of Wayside Amenities on different sections of National Highway on Lease Basis in Maharashtra. The specific site is NH 150E/O&M Solapur-Akkalkot/Valsang/Ch.120.200/RHS/PIU-Solapur with Tender ID 2025-NHAI-241953_6.
Contract Terms and Financials
The annual lease rent payable to NHLML is ₹11,40,000 (Rupees Eleven Lakhs Forty Thousand Only). The duration of the lease is 15 years from the date of agreement, which includes an 8-month rent-free development period. The company is required to furnish performance security deposit within 30 days of issuance of LOA.
Timeline and Documentation
The Letter of Award was issued via Letter No. NHLML-WSA/MH/O&M/E-File 2239/507 dated September 3, 2026, and received by the company on September 4, 2026.
Strategic Impact
The award will strengthen the company's performance/order book into the new business vertical in the infrastructure segment, covering development, operation and maintenance of Wayside Amenities on Different Sections of National Highways on lease basis, thereby expanding and diversifying its existing business portfolio.
Annexure Details (Additional Contract Information)
- Awarding Entity: National Highway Logistics Management Limited (NHLML)
- Contract Terms: General Contract Conditions
- Entity Type: Domestic
- Project Nature: Development, Operation, and Maintenance of Wayside Amenities on different sections of National Highway on Lease Basis in Maharashtra
- Execution Timeline: 15 years lease duration including 8 months rent-free development period
- Contract Value: Annual Lease rent of ₹11,40,000/- payable to NHLML
- Promoter Interest: No interest of promoter/promoter group/group companies in the awarding entity
- Related Party Transaction: Does not fall under related party transactions