Madhucon Projects bags Rs 217-cr order from Maha govt

Construction firm Madhucon Projects Ltd today said it received a Rs 217-crore road contract from the Maharashtra government.

The contract has been awarded by the public works department of the Maharashtra governmnet for the upgradation of a section NH-353, the company said in a BSE filing.

"Madhucon Projects Ltd has received Letter of Acceptance (LoA) from public works department, Maharashtra for upgradation of NH 353 (1) starting from Wadi connecting Hiongna T point Isasani-Mihan outer ring road-Gumgaon- Salaidhaba-Butibori-MIDC Takalghat-Khapri Moreshwar-Asola Sindi Railway-Panwar to two lane with paved shoulder configuration in section from Wadi junction to Asola junction...for Rs 216,83,50,200," it said.

The Hyderabad-based Madhucon Group has interests in construction, besides granites coal and power sugars.

Shares of the company today ended down 4.73 per cent at Rs 39.85 apiece on BSE.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)