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Madhucon bags NHAI project in Tamil Nadu

HYDERABAD: Madhucon Projects, a Hyderabad-based construction company, has bagged a national highway project for a road stretch of 45.75 km on Thanjavur-Tiruchi section under NHDP phase IIIA on a build, operate and transfer basis. The project, estimated to cost over Rs. 330 crore with an NHAI equity grant of Rs. 78.44 crore, involves design, engineering, construction, operation and maintenance with a concession period of 20 years. Madhucon is now having projects to the extent of 330 km costing Rs. 1,675 crore in Tamil Nadu and Rajasthan.

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