Hazoor Multi Projects Ltd. (HMPL), a leader in Engineering, Procurement, and Construction (EPC) contracting services, has announced that Letter of Acceptance (LOA) has been awarded to the company, from National Highways Authority of India for acting as user fee
collection agency on the basis of competitive bidding through e-tender at Hulikunte Fee Plaza at Ch.12.300 for use of four Laning from km 0.00 to km 42.00 of Dobaspet to Dodaballapur Bypass section of NH 648 (old NH-207) in the State of Karnataka. The value of the awarded project is Rs. 67.16 crores.
Earlier, the company announced that its board has given an “In-principal approval” for merger of ‘Square Port Shipyard Private Limited’ with the Company i.e. Hazoor Multi Projects Limited with a view to combine the strengths and synergies of both businesses and in the better interest of all the stakeholders.