<h1>Manglam Infra Secures Rs 7.17 Crore Contract for Highway Rehabilitation Projects under MORTH</h1>
Manglam Infra & Engineering Limited has secured a Letter of Award (LOA) from the Ministry of Road Transport & Highways (MORTH), Regional Office, Maharashtra and Goa. The contract involves providing Consultancy Services for Independent Engineer services related to the Operation and Maintenance of several critical segments of NH-66 (Old NH-17) in Maharashtra.
The awarded projects focus on the rehabilitation and up-gradation of NH-66 into a four-lane road with paved shoulders across multiple sections, aiming to improve infrastructure quality. The contract covers three specific stretches:
- Rehabilitation and up-gradation of NH-66 (Old NH-17) from Km 205/400 to Km 241/300 (Parshuram Ghat to Arawali Section).
- Rehabilitation and up-gradation of NH-66 (Old NH 17) from Km 241/300 to Km 281/300 (Arawali to Kante Section).
- Rehabilitation and up-gradation of NH-66 (Erstwhile NH-17) from Km 281/300 to Km 332/200 (Kante to Waked Section).
The total contract price for the consultancy services across these projects is Rs 7,17,74,400/- (Rupees Seven Crore Seventeen Lakh Seventy-Four Thousand Four Hundred Only). The contracted time period for execution is 36 months.
Key details of the project and associated terms are summarized below:
| Particulars | Details |
|---|---|
| Awarding Entity | Ministry of Road Transport & Highways (MORTH), Regional Office, Maharashtra & Goa. |
| Nature of Contract | Consultancy Services for Independent Engineer services. |
| Contract Value | Rs 7,17,74,400/- |
| Project Duration | 36 Months |
| Entity Type | Domestic Entity |
| Related Party Transaction | No |
MIEL Stock Price Movement
Manglam Infra & Engineering Limited shares edged higher on Thursday, settling at ₹13.50 after gaining 0.75% in the session. The stock traded within a narrow intraday range and saw 6,000 shares change hands.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.