Dhruv Consultancy Services has secured a contract worth Rs 6.84 crore from the National Highways Authority of India (NHAI). The company will act as an Independent Engineer for the 4-laned Bodhre-Dhule section of NH-52 in Maharashtra. This 60-month engagement adds multi-year revenue visibility and reinforces the firm's presence in highway infrastructure supervision.
Dhruv Consultancy Secures Rs 6.84 Crore NHAI Supervision Contract
Contract Value: Rs 6.84 Crore (excluding GST)
Project Duration: 60 Months
Reader Takeaway: This multi-year contract improves revenue visibility while expanding the company’s footprint in essential national infrastructure projects.
What just happened
Dhruv Consultancy Services Limited has received a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) to provide Independent Engineer services. The project covers the 4-laned Bodhre-Dhule section of NH-52 in Maharashtra, spanning from Km 390.000 to Km 457.231.
Why this matters
The contract duration of 60 months offers significant operational stability for the firm. The scope involves supervising operations and maintenance (O&M) as well as overseeing capacity augmentation, including critical infrastructure upgrades like Vehicular Underpasses (VUP) and blackspot rectification. This win underscores the company’s ongoing capability in securing government-backed infrastructure mandates.
What changes now
As per the terms of the agreement, the company must submit a performance security deposit within 15 days of the LOA issuance to finalize the contract. Following this compliance, the company will initiate its duties as the designated Independent Engineer for the highway section.
What to track next
Investors should look for updates regarding the commencement of site services and the timely completion of the performance security documentation. Continued project execution efficiency will be key to managing long-term margins for this five-year engagement.