Dhruv Consultancy Services Wins LOA for Elevated Corridor Construction in Maharashtra
Dhruv Consultancy Services Limited has been awarded a Letter of Award (LOA) for consultancy services related to a major elevated corridor construction project in Maharashtra. The contract was awarded by the National Highways Authority of India (NHAI) and is set to be executed in a joint venture capacity.The Letter of Award, identified under Project Letter No./ LOA No.MHDIV-25/1/2025-Maharashtra & Goa Division/299851 and dated May 21, 2026, appointed the company along with its joint bidding partners: Yongma Engineering Co. Ltd and Innovative Engineering Advisory LLP.
The contract covers rendering Consultancy Services for Authority Engineer for the Construction of a 6 Lane Elevated corridor in the State of Maharashtra on EPC mode under NH (O). The specific project scope includes the construction of this elevated corridor and service roads in Kolhapur city on NH48, spanning from KM 612+582 to KM 617+540.
The joint venture secured the contract for a consideration of Rs. 8,01,00,000/- (Rupees Eight Crore One Lakh Only), excluding GST. The total duration specified for the project is 96 (Ninety-Six) months.
The details of the contract award are summarized below:
| Aspect | Detail |
|---|---|
| Contracting Body | National Highways Authority of India (NHAI) |
| Service Type | Consultancy Services for Authority Engineer |
| Project Scope | Construction of 6 Lane Elevated corridor on NH48 in Kolhapur city, Maharashtra |
| Financial Consideration | Rs. 8,01,00,000/- (excluding GST) |
| Project Duration | 96 months |
| LOA Date | May 21, 2026 |
In connection with the contract, Dhruv Consultancy Services Limited was also advised that the company is required to furnish the Performance security deposit within 15 days of the LOA issuance and complete the contract agreement as outlined in the Bid document.
DHRUV Stock Price Movement
Dhruv Consultancy Services Limited shares settled flat on Friday, closing at ₹31.00, reflecting no change from the previous session. The stock traded amidst a day's range of ₹31.00 to ₹32.55, supported by a total volume of 2,370 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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