The plaza is located at km 28.600 on the Chennai Bypass stretch that runs from km 0.000 to km 32.600 on NH?4 and NH?5 new chainage, linking take off at km 13.800 and merge at km 12.600. The contract scope includes user fee collection and the upkeep and maintenance of adjoining toilet blocks, including recouping of consumable items. The specified chainage and connections indicate the plaza serves traffic on both NH?4 and NH?5 corridors around Chennai.
The tenure for execution of the contract is one year. Shares of B R Goyal Infrastructure Limited were last trading on the BSE at Rs 191.00 compared with the previous close of Rs 197.25, with total volume of 17,000 shares traded in over 16 trades. The stock registered an intraday high of Rs 199.50 and an intraday low of Rs 190.00. The net turnover recorded for the day was Rs 3,286,450.00.
The company described the process as competitive e?tendering for user fee agency selection and outlined operational and maintenance responsibilities in its disclosure. The assignment will require the company to manage day?to?day collection and basic amenities upkeep for the duration of the contract. The announcement was published by Equity Bulls.
