Madhav Infra Projects Ltd has received a Letter of Acceptance from the National Highways Authority of India (NHAI) for a domestic project involving the four-laning of a 10.079 km section of NH-146 in Madhya Pradesh, stretching from Rahatgarh to Berkhedi. This Hybrid Annuity Mode project is valued at ₹323.82 crore and will be executed within 730 days.