EIEL bags order from Hyderbad Urban Development Authority

New Delhi, Aug 23 (UNI) ERA Infra Engineering Ltd, flagship company of Era group, today said it has bagged contract from Hyderabad Urban Development Authority for the construction of a highway on build, operate and transfer basis (BOT) basis.

The company in association with Swiss-based Induni CIE and SA will design, construct, develop, finance, operate and maintain eight lane access controlled highway under Phase-II A programme as an extension of phase I of Outer Ring Road (ORR) to Hyderabad, a company statement said .

This would help decongest the traffic flow on the existing major arterials and relieve congestion on metropolitan area and inner ring road and meet the future demand, the statement added.

UNI