Z-Tech Secures Significant Work Order from SPS Construction
In a significant development, Z-Tech (India) has bagged a substantial work order from SPS Construction India Pvt Ltd. The project involves the construction of RE Wall (Rigid Encased Wall) for the upgradation and four-laning of Haridwar Bypass Package-1 in Uttarakhand. This contract, valued at ₹5.08 crore, is being executed under the Hybrid Annuity Mode (HAM).
The RE Wall construction project is a critical component of the Haridwar Bypass Package-1, which aims to improve the road connectivity and infrastructure in the region. The project’s completion will not only enhance the overall driving experience but also boost the local economy by providing better connectivity to nearby towns and cities.
Z-Tech (India) has been involved in various civil construction projects across the country, and this latest contract is a testament to the company’s expertise and capabilities in executing large-scale infrastructure projects. The company has a strong reputation for delivering high-quality projects on time and within budget, making it an attractive partner for clients like SPS Construction India Pvt Ltd.
The order book of Z-Tech (India) as of March 31, 2025, stands at ₹164 crore, indicating the company’s growing presence in the civil construction sector. The company’s ability to secure significant work orders from prominent clients like SPS Construction India Pvt Ltd is a reflection of its commitment to delivering exceptional services and exceeding client expectations.
The Hybrid Annuity Mode (HAM) is a popular procurement method in the Indian infrastructure sector, which involves the private partner designing, building, and operating a project for a specified period. The HAM model allows for greater private sector participation and innovation, leading to faster project implementation and better value for money.
Z-Tech (India) has a strong track record of executing projects under the HAM model, and this latest contract is a significant addition to its portfolio. The company’s expertise in RE Wall construction and its experience in working with clients under the HAM model make it an attractive partner for clients seeking reliable and efficient project execution.
The upgradation and four-laning of Haridwar Bypass Package-1 is a critical project for the region, and Z-Tech (India) is well-positioned to deliver high-quality results. The company’s commitment to safety, quality, and timely project execution will ensure that the project is completed to the highest standards, meeting the expectations of all stakeholders.
In conclusion, Z-Tech (India) has secured a significant work order from SPS Construction India Pvt Ltd for the RE Wall construction project in Haridwar Bypass Package-1. The project, valued at ₹5.08 crore, is being executed under the Hybrid Annuity Mode and is a testament to the company’s expertise and capabilities in executing large-scale infrastructure projects. With an order book of ₹164 crore as of March 31, 2025, Z-Tech (India) is poised for continued growth and success in the civil construction sector.
