Deals22 May 2024, 12:46 am
H.G. Infra Engineering Ltd Declared L-1 Bidder for Two Road Projects by Maharashtra State Road Development Corporation
AI Summary
H.G. Infra Engineering Ltd (HGINFRA) has been announced as the L-1 bidder for two road projects by Maharashtra State Road Development Corporation (MSRDC). The projects, named 'Nagpur-Chandrapur Access', involve the construction of expressways in Maharashtra under Engineering, Procurement, and Construction (EPC) mode. The projects' lengths are 28.20 km and 31.75 km respectively, and their total estimated costs are INR 1,991.11 crore and INR 2,151.11 crore. The company's trading window is now closed for designated persons and their immediate relatives until May 23, 2024.
Key Highlights
- H.G. Infra Engineering Ltd declared as L-1 bidder by Maharashtra State Road Development Corporation
- Winning bids for construction of Nagpur-Chandrapur Access in Maharashtra
- Two packages, NC-04 and NC-05, with 28.20 km and 31.75 km length respectively
- Total project cost: INR 1,991.11 crore for Package NC-04 and INR 2,151.11 crore for Package NC-05
- Trading window for HGINFRA securities closed for designated persons until May 23, 2024