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H.G. Infra Engineering Ltd. ( (IN:HGINFRA) ) has provided an update.
H.G. Infra Engineering Ltd. has secured a Letter of Award from the National Highways Authority of India for constructing a new six-lane access-controlled Capital Region Ring Road section in Odisha under the Hybrid Annuity Mode. The 40.33 km project, from Gobindpur on NH-55 to Tangi near Bandola Toll Plaza on NH-16, carries an estimated project cost of Rs 1,827.33 crore with H.G. Infra’s bid at Rs 1,582.11 crore and a construction period of 910 days, further strengthening the company’s order book and reinforcing its position in the national highway infrastructure space.
More about H.G. Infra Engineering Ltd.
H.G. Infra Engineering Ltd. is an Indian infrastructure and construction company focused on engineering, procurement and construction (EPC) contracts, primarily in the roads and highways segment. The company executes large-scale highway, expressway and related civil works for public sector clients, including the National Highways Authority of India, with a strong presence in national and state highway development projects.
Average Trading Volume: 21,863
Technical Sentiment Signal: Sell
Current Market Cap: 37.14B INR
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