HG Infra Engineering declared as L-1 bidder by NHAI for two HAM projects
The first is the development of six lane Baunsaguar- Baraja section of NH-130 CD road from 293.0 km to 338.500 km under the Raipur-Visakhapatnam Economic Corridor in the state of Odisha on HAM (Package OD-6). The NHAI bid project cost is Rs 958.98 crore and the HG Infra bid project cost is Rs 1,123.11 crore.
The second is the development of the six-lane Kaliagura Baunsaguar section of NH-130-CD Road from 249 km to 293 km under the Raipur-Visakhapatnam Economic Corridor in the state of Odisha on Hybrid Annuity Mode (Package — OD-5) (Length 44.000 km). The NHAI bid project cost is Rs 1,338 crore and the HG Infra bid project cost is Rs 1,492.11 crore.
The completion period for both the project is 730 days.
HG Infra Engineering is an infrastructure construction, development and management company with extensive experience in its focus area of road projects, including highways, bridges, and flyovers. The company has executed various projects across states in India covering Rajasthan, Uttar Pradesh, Haryana, Uttarakhand, Maharashtra.
On 11.15 AM, shares of HG Infra Engineering Limited was trading in BSE at Rs 736 with 0.76 per cent down from the morning.