Akash Infra Projects Secures ₹18.21 Crore Road Widening Work Order
Akash Infra-Projects Limited has announced the receipt of a significant work order from the Office of the Executive Engineer, Road and Building Division, Himmatnagar. The order, dated 17th December 20...
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Why is Akash Infra Projects Limited in the news today?
Akash Infra Projects Limited (AKASH) is in the news due to the company has secured a new work order, which is a positive development for its business.
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Akash Infra Projects Secures ₹18.21 Crore Road Widening Work Order
December 17, 2025, 12:38 PM
Akash Infra-Projects Limited has announced the receipt of a significant work order from the Office of the Executive Engineer, Road and Building Division, Himmatnagar. The order, dated 17th December 2025, amounts to ₹18,21,14,946.96 (Rupees Eighteen Crore Twenty-One Lakh Fourteen Thousand Nine Hundred Forty-Six and Paise Ninety-Six Only).
This work order pertains to the widening of the Himmatnagar Katvad Hapa Tajpuri Road, covering the stretch from km 0/00 to 8/100 in Taluka Himmatnagar, District Sabarkantha. The project is expected to be completed within a timeframe of twelve (12) months, with a defect liability period of three (03) years.
The bid price of ₹1821.14.946.96 is 6.41% below the estimated cost put to tender. The company has furnished a performance security of ₹91,05,750.00 via a Bank Guarantee from The Panjab National Bank, Gandhinagar, valid until 29.10.2026. Retention money of 6% will be retained from each bill, capped at 5% of the final contract price.
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