Era Infra Engineering (EIEL) has
formally announced that the company jointly
with Induni CIE & SA bagged an order worth Rs.360 crore from Hyderabad Growth Corridor for design,
construction, development, finance, operation and maintenance of eight-lane
access controlled highway under Phase-II A programme as an extension of Phase I
of Outer Ring Road project in Hyderabad.
The order is for the package from
Narsingi to Kollur from Km 0.00 to Km 12.00 on build, operate and transfer (BOT)
(Annuity) basis through an special purpose vehicle (SPV) - Hyderabad Ring
Road Project Pvt. Ltd.
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