Hazoor Multi Projects Ltd (HMPL) has emerged victorious in securing a high-value road project in Maharashtra. The project, which has been awarded by the Maharashtra State Infrastructure Development Corporation (MSIDC), is valued at approximately Rs 2.75 billion and is set to enhance the region’s road network substantially.
HMPL, known for its expertise in executing road construction projects on an Engineering, Procurement, and Construction (EPC) basis, won the contract by submitting the lowest bid. The company’s bid was Rs 2.73 billion, excluding Goods and Services Tax (GST). This winning bid underscores HMPL’s competitive positioning in the infrastructure sector and reflects its strategic advantage in delivering large-scale projects efficiently. The scope of this ambitious project involves the widening and upgrading of a key road stretch stretching from Paldhi Amalner Dondaicha Nandurbar Dhanora to the Gujarat State Border. Spanning approximately 2.5 years, the project will not only enhance road safety but also improve connectivity between Maharashtra and Gujarat, facilitating smoother transportation and economic activities in the region.
The EPC mode of execution, which HMPL specialises in, involves a comprehensive approach where the company is responsible for the entire project lifecycle—from design and procurement to construction and completion. This method is particularly advantageous for large infrastructure projects as it ensures streamlined operations and accountability. This project win is a testament to HMPL’s capability in managing complex infrastructure projects and aligns with the company’s strategic growth objectives. As the Indian infrastructure sector continues to expand, projects like these are crucial in supporting regional development and economic progress.
The successful bid by HMPL not only highlights its competitive edge but also reinforces its position as a leading player in India’s infrastructure landscape. With this contract, HMPL is poised to make a significant impact on Maharashtra’s road infrastructure, reflecting the ongoing investment in improving connectivity and supporting regional development.