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The Company has emerged as the Lowest Bidder for the Four Laning of Chenani to Nashri Section of NH-1A from Km 89.00 to 130.00 (new alignment) of NH-1A

The Company has emerged as the Lowest Bidder for the ("NHAI") Project for Four Laning of Chenani to Nashri Section of NH-1A from Km 89.00 to 130.00 (new alignment) of NH-1A including 9 Km long tunnel (2 lane) with parallel escape tunnel in the State of Jammu & Kashmir (Package No. NHDP-Phase II/BOT/V/J&K) (the "Project"). The Project is on Annuity basis with concession period of 20 years including a construction period of 1825 days and the estimated cost of the Project is Rs. 2519 Crores.The Company has quoted a semi-annual Annuity of Rs 317.52 Crores for the Project.