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Pyrifera Investment Advisors

1st Apr · SEBI-Registered Analyst

JK Infraprojects Wins ₹2,360 Crore NHAI Expressway Project

JK Infraprojects, through its JV with SDPL, has secured a Letter of Acceptance (LoA) from the National Highways Authority of India (NHAI) for a ₹2,360 crore EPC project to build a 32.18 km 4-lane expressway (expandable to 8 lanes) connecting the proposed Vadhavan Port to Tawa Village on NH-48 in Maharashtra. The 30-month project will enhance port-led connectivity and boost regional logistics efficiency, supporting India’s infrastructure modernization push. As a key link between Vadhavan Port and the national highway network, it underscores the government’s focus on integrated transport development. This order significantly strengthens ***** order book — valued at 69% of its current ₹3,400 crore market cap — highlighting its growing clout in large-scale highway projects. The company has disclosed the win under SEBI LODR norms, confirming no related-party involvement. With execution underway, this project positions ***** as a preferred partner in strategic national infrastructure initiatives.

JKIL

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