India, Jan. 16 -- Highway Infrastructure Limited (HIL) has secured an EPC order worth Rs 69.68 crore (plus applicable GST) from the Indore Development Authority (IDA) for urban road development under Town Planning Scheme-08.
The company has received a Letter of Award (LoA) for the development of the Kumedi–Lasudiya Mori corridor up to A.B. Road, a strategically important stretch supporting Indore's expanding urban mobility and planned growth initiatives. The project carries an execution timeline of 2.5 years.
The order strengthens HIL's presence in Madhya Pradesh's rapidly growing urban infrastructure sector and improves revenue visibility. It also aligns with the company's strategy of expanding its EPC portfolio across high-potenti...