Adani Wins Bid for ₹1,692 Cr Highway Project in Tamil Nadu

Adani Road Transport has secured the bid to manage a 124-km stretch of NH-38 in Tamil Nadu under the Toll-Operate-Transfer (TOT) model. The company offered ₹1,692 crore for the four-lane Trichy-Thuvarankurichi-Madurai section.

Competing bidders included IRB Infrastructure Developers (₹1,485 crore), Epic Concessions (₹1,152 crore), and Prakash Asphaltings & Toll Highways (₹876 crore).