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Wednesday, Mar 09, 2005

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Madhucon bags NHAI deal

Our Bureau

HYDERABAD: The National Highway Authority of India has awarded Madhucon Projects Ltd a Rs 250-crore project comprising laying of 57-km four-lane highway in the Bharatpur-Mahua section in Rajasthan on build, operate and transfer basis. The project is under the National Highway Development Programme wherein the concessionaire is entitled for 40 per cent grant. The concession period, including construction period, is 25 years, according to a company press release here on Tuesday.

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