Madhucon Projects Ltd, a Hyderabad-based infrastructure company, has secured a $3.9 million order for a road project from the Government of Nepal.
Project Details
According to a company statement, the mandate involves the upgradation of the Sanfebagar-Martadi road under the road improvement project funded by the Exim Bank of India, Mumbai.
Recent Achievements
The company recently commissioned its first Build-Operate-Transfer (BOT) project on National Highway 11. This project spans the Bharatpur-Mahua section in Rajasthan, where toll collection has already begun as of May. Furthermore, the National Highways Authority of India has recommended starting toll collection for the company’s second BOT project, which is situated between Karur and Dindigul.
Future Plans
Meanwhile, Madhucon, which is currently establishing a 540 MW thermal power project in Krishnapatnam, has plans to increase the capacity of this project to 1920 MW. This expansion underscores the company’s commitment to scaling its operations and contributing to the energy sector.
Conclusion
With these developments, Madhucon Projects Ltd is positioning itself as a key player in both infrastructure and energy sectors, demonstrating its capability to handle large-scale projects and secure significant contracts from international entities.