News@Galfar

Award of tender for “Four Laning of Kashipur – Sitarganj Section- of NH – 74, India with a grant of RO Million 16.

We are pleased to inform our esteemed Shareholders and Investors that Galfar has been awarded the Tender for “Four Laning of Kashipur-Sitarganj Section of NH-74 in the States of Uttarakhand and Uttar Pradesh by National Highways Authority of India, Ministry of Transport and Highways, Government of India, on Design Build, Finance, Operate and Transfer (DBFOT) Basis, vide their letter of award No. NHAI/Phase-IV/NH-74/KS/2012/RFP/33868 dated 26/11/2012 with a grant of INR 2,230 Million, equivalent to OMR 16 Million. The construction period is for 910 days, and the concession period is 21 years. Expected project cost is RO Million 42.605.

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