Nagarjuna gets Rs 450cr deal from NHAI

Nagarjuna Construction Company (NCCL) has secured a new order valued at Rs 450 crore from National Highway Authorities of India (NHAI).

According to a release issued by NCCL to the BSE today, the order is for the construction of 4-lane highway on NH-58 in the Meerut-Muzaffarnagar section in Uttar Pradesh.

"The project is to be executed on BOT (build, operate & transfer) basis under a joint venture with Maytas Infrastructure Company," the release said.