Soma Enterprise Ltd has signed an agreement with the National Highway Authority of India (NHAI) for the Rs 744-crore Hyderabad-Bangalore Highway Project. Part of the North-South Corridor on NH-7 has been awarded to the joint venture of Soma Enterprise Ltd and China Gezhouba Water Power (Group) Co Ltd on cash-contract basis.
The work on the project entails 4-laning of four stretches on the National Highway-7 in Andhra Pradesh. The project is expected to be completed in 30 months, according to a press release from Soma Enterprise.