Mumbai, April 22 -- The financial bids for the two projects were opened on 21 April 2026. Both projects are located in Uttar Pradesh on the NH-927 section and will be executed under the hybrid annuity mode (HAM) under the NH (O) scheme.

The first project involves the construction of a 4-lane highway from Barabanki to Mustafabad, with a quoted bid project cost of Rs 1,728 crore. The second project involves the construction of a 4-lane highway from Mustafabad to Biswariya, with a quoted bid project cost of Rs 1,755 crore.

Each project has an execution timeline of 24 months. The company said that neither the promoter nor the promoter group nor the group companies have any interest in the awarding authority, and the contracts do not fall un...