Artefact Projects Secures ₹4.98 Crore Highway Engineering Assignment in Gujarat

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Nagpur, January 10, 2026: Artefact Projects Limited (BSE: 531297) has secured a new infrastructure consultancy assignment with a total contracted value of ₹4.98 crore, strengthening its presence in India’s national highway development segment.

Project Scope and Details​

The company has been awarded the Independent Engineer Services mandate during the operation and maintenance phase of the eight-lane Vadodara–Kim Expressway in Gujarat. The assignment covers two key stretches of the corridor:
  • Gandeva to Ena section: From km 190.000 to km 217.500
  • Ena to Kim section: From km 217.500 to km 254.430
The expressway project is part of the broader Bharatmala initiative and is being executed under the hybrid annuity framework. Artefact Projects will execute the mandate in association with Pioneer Infra Consultants Private Limited and Neoteric Consultant LLP.

Contract Value and Tenure​

The total professional fees for the assignment stand at ₹4,97,80,620, excluding applicable taxes. The engagement is scheduled for a 60-month period, covering the full operation and maintenance phase of the project.

About the Company​

Artefact Projects Limited is a listed infrastructure consultancy firm providing project management, engineering, and advisory services across highways, urban infrastructure, and transportation projects. The company is listed on the BSE and has an established presence in national and state-level infrastructure development initiatives across India.

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