Hazoor Multi Projects Limited Wins Lowest Bidder Status for MSIDC Project

Hazoor Multi Projects Limited has announced that it has been selected as the Lowest Bidder for a significant project by the Maharashtra State Infrastructure Development Corporation (MSIDC).

The project, known as EPC ~ NSK-II-24(A), involves widening and improving the Paldhi Amalner Dondaicha Nandurbar Dhanora to Gujarat State Border Road (SH-6) from KM 121/200 to 169/500 in Taluka, District Nandurbar. This project will be executed in Engineering, Procurement, and Construction (EPC) mode.

The total bid price for this extensive infrastructure project is ₹273.74 crore, exclusive of applicable GST. Hazoor Multi Projects Limited is set to undertake the engineering, procurement, and construction work, demonstrating its capability to handle large-scale infrastructure projects.

The project is expected to be completed within 2.5 years, or 912 days, from the commencement date. The scope of work includes substantial road widening and improvement to enhance connectivity and infrastructure in the region, benefiting both local and inter-state transportation.

Winning this bid highlights Hazoor Multi Projects Limited’s strong competitive position in the infrastructure sector and its ability to deliver on large-scale projects. The company’s successful bid for this project reflects its expertise and commitment to contributing to the development of critical infrastructure in Maharashtra.

About Hazoor Multi Projects Limited

Hazoor Multi Projects is involved in the infrastructure and real estate business. In Q1 FY 2025, the company reported a total income of ₹3,486.177 lakh, compared to ₹16,251.914 lakh in Q1 FY 2024.

On August 20, 2024, the share price of Hazoor Multi Projects Ltd opened at ₹402.50, touching the day’s low at ₹382.90, as of 10:40 AM on the BSE.

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