| Work Detail |
Artefact Projects Limited has announced that it has been awarded a significant consultancy services project for the supervision of operation and maintenance of a section of National Highway-565 in Andhra Pradesh. The project covers the stretch from Km. 293.266 to Km. 359.422, spanning the Vaggampalle to Dornala T-junction section, which is a two-lane highway with paved shoulders. The Letter of Acceptance for this project has been issued to Artefact Projects Limited, which is undertaking the consultancy in association with Manglam Infra and Engineering Limited and Renaissance IoT LLP. This consortium brings together the necessary expertise for effective supervision and maintenance guidance. The contracted fees for Artefact Projects Limited for this consultancy assignment are approximately ?2,42,60,105 (Rupees Two Crores Forty Two Lakh Sixty Thousand One Hundred Five Only), excluding Goods and Services Tax (GST). This win further strengthens Artefact Projects Limiteds portfolio in the infrastructure consultancy sector and highlights its capability in handling crucial highway maintenance projects. |