Marc Technocrats Wins ₹4.5 Crore NHAI Project

Key Highlights Marc Technocrats has secured an Independent Engineer Services project from the National Highways Authority of India (NHAI) for a 6-lane Zirakpur Bypass. The project covers 19.2 km across Punjab and Haryana and has a contract value of ₹4.50 Crore excluding GST. Order Details • Project: 6-lane Zirakpur Bypass, covering 19.2 km in Punjab & Haryana. • Project Mode: Hybrid Annuity Mode (HAM). • Contract Value: ₹4.50 Crore, excluding GST. • Execution Period: 48 months. • Development: 6 months. • Construction: 24 months. • Operations & Maintenance: 18 months. What It Means • The order adds to Marc Technocrats' project pipeline in the highway infrastructure sector. • The 48-month execution period provides revenue visibility over the project duration. • The project strengthens the company's involvement in large-scale road infrastructure development. • The appointment as Independent Engineer provides a role across the project's development, construction and O&M phases. Market Impact Impact: Positive The NHAI order strengthens Marc Technocrats' order pipeline and provides visibility over a 48-month execution period. The project also expands the company's exposure to India's highway infrastructure development. Learning Outcome Hybrid Annuity Mode (HAM) is a model used in Indian road infrastructure projects where project funding and risk are shared between the government and the private developer. It is designed to balance private-sector participation with government support in highway development.