PVV Infra Wins Two Major Contracts for Developing Wayside Amenities on National Highways
PVV Infra Ltd has secured two significant Letters of Award (LOA) from the National Highways Logistics Management Limited (NHLML), a 100% owned Special Purpose Vehicle (SPV) of the National Highways Authority of India (NHAI). These contracts cover the Design, Build, Operate and Transfer (DBOT) of Wayside Amenities (WSA) on two national highway corridors in Madhya Pradesh.The company won both projects through competitive bidding processes, which together carry a combined Annual Lease Rent totaling ₹2,49,44,950/-.
Details of Highway Amenity Awards
PVV Infra's successes include securing the project for NH-44 (Gwalior-Jhansi Corridor) and another major contract for NH-752D (Ujjain-Garoth Corridor). The details of the two successful bids are summarized below:| Project | Highway Corridor | Annual Lease Rent | Development Security Deposit |
|---|---|---|---|
| LOA 1 | NH-44 / Gwalior-Jhansi Road | ₹73,40,000/- | ₹36,70,000/- |
| LOA 2 | NH-752D / Ujjain-Garoth Corridor | ₹1,76,04,950/- | ₹88,02,475/- |
Project Significance
The contracts award PVV Infra the opportunity to develop and manage infrastructure along these key national routes in Madhya Pradesh. The site located on NH-752D near Dhanodiya holds particular significance. It is situated close to Ujjain, one of India's four sacred cities, which is scheduled to host the Simhastha Purna Kumbh Mela in 2028.The company has received the LOAs from NHLML on July 30, 2026. The timelines specified for project completion include a seven-day acceptance period and a ten-day agreement timeline following the submission of performance security.
Pipeline of Pending Bids
In addition to the two secured contracts, PVV Infra has submitted bids for four additional WSA sites across Andhra Pradesh and Uttar Pradesh under tenders issued by NHLML. These projects are currently awaiting financial bid outcomes after technical qualification.The details of these pending opportunities include:
| Sr. | Site / Highway Section | State | Location |
|---|---|---|---|
| 1. | Bengaluru-Chennai / BCE2 / Phase II / Km 92+320 / LHS | Andhra Pradesh | Baireddipalle |
| 2. | Bengaluru-Chennai / BCE2 / Phase II / Km 92+320 / RHS | Andhra Pradesh | Baireddipalle |
| 3. | Delhi-Dehradun / Saharanpur-Ganeshpur / Km 38+000 / LHS | Uttar Pradesh | Saharanpur |
| 4. | Delhi-Dehradun / Saharanpur-Ganeshpur / Km 38+300 / RHS | Uttar Pradesh | Saharanpur |
PVV Infra stated that the company intends to expand its involvement in the WSA infrastructure sector, positioning itself as an active participant across the national highway amenities program spanning Andhra Pradesh, Madhya Pradesh, and Uttar Pradesh.
Stock Price Movement
As of 10:21, PVV Infra Ltd is ticking up at ₹3.52, climbing by 6.99% in the market. The shares traded throughout the morning within an intraday range, bottoming out at ₹3.39 and reaching a high of ₹3.54.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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