Atlanta Limited is 'Preferred Bidder' for Six-Laning Project in Gujarat

Infrastructure development firm Atlanta Limited has been declared as a preferred bidder for the six landing of NH8, for Km.401.2 to 494.41, in Gujarat. The project is  under NHDP Phase V on the hybrid annuity mode by the NHAI. The expected  total cost is Rs. 1292 crore. Atlanta says that it will form a Special Purpose Vehicle to implement the project.

The company has seen high gains and volume on the stock market today, with the stock up 5.74% at closing.