SRM Contractors Secures NHAI Contract Worth Rs 168 Crore

21 Apr 2026 CW Team

The scope of work focuses on stabilisation and long-term mitigation of slope failure and associated geotechnical interventions at the specified chainage. The project will involve rock bolting, retaining structures, protection works and drainage measures to improve slope stability and ensure safer passage along the corridor. Detailed design and site mobilisation form part of the contractual obligations. Site investigation and remedial methodology will follow the technical specifications prescribed in the contract.

The company indicated the contract will add to its order book and contribute to revenue visibility for forthcoming quarters. The firm noted that execution will involve coordination with NHAI engineering teams and local authorities to meet site access and safety requirements. Procurement and project management resources will be allocated from the company's existing operations. Supply chain and material sourcing will be coordinated through the firm's existing vendor network to meet project milestones.

Financially, the award strengthens the company's project portfolio in the road construction sector and supports its presence in hilly terrain projects. The work is aimed at sustaining highway connectivity and reducing disruption risks for traffic on a key regional route. The company also outlined compliance with environmental safeguards and traffic management plans required for hill state projects. The contract was first published by the company on Apr 15 2026.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

SRM Contractors has secured a contract from the National Highways Authority of India worth Rs 168 crore, equal to Rs 1,680 million (mn) or Rs 1.68 bn. The award covers construction of long-term remedial measures at the identified landslide location Thalout, Ch. 229+600 to Ch. 230+100 between Pandoh and Kullu on the Pandoh to Kullu section of NH-03, formerly NH-21, in the State of Himachal Pradesh. The contract is structured on an engineering, procurement and construction mode under the national highway ordinary category. The agreement specifies delineated chainages and technical parameters laid out in the tender documents. The scope of work focuses on stabilisation and long-term mitigation of slope failure and associated geotechnical interventions at the specified chainage. The project will involve rock bolting, retaining structures, protection works and drainage measures to improve slope stability and ensure safer passage along the corridor. Detailed design and site mobilisation form part of the contractual obligations. Site investigation and remedial methodology will follow the technical specifications prescribed in the contract. The company indicated the contract will add to its order book and contribute to revenue visibility for forthcoming quarters. The firm noted that execution will involve coordination with NHAI engineering teams and local authorities to meet site access and safety requirements. Procurement and project management resources will be allocated from the company's existing operations. Supply chain and material sourcing will be coordinated through the firm's existing vendor network to meet project milestones. Financially, the award strengthens the company's project portfolio in the road construction sector and supports its presence in hilly terrain projects. The work is aimed at sustaining highway connectivity and reducing disruption risks for traffic on a key regional route. The company also outlined compliance with environmental safeguards and traffic management plans required for hill state projects. The contract was first published by the company on Apr 15 2026.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..