New Launch27 Feb 2026, 09:21 pm
H.G. Infra Engineering Ltd Receives LOA from NHAI for Construction of New Six-lane Access Controlled Capital Annuity Region Ring Road Package-III
AI Summary
H.G. Infra Engineering Ltd (HGINFRA) has announced the receipt of a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for the construction of a new Six-lane Access Controlled Capital Annuity Region Ring Road Package-III. The project spans 40.33 km from Gobindpur (NH-55) to Tangi near Bandola Toll Plaza (NH-16), in the State of Odisha under NH(O) on Hybrid Annuity Mode. The estimated project cost is INR 1,582.11 Crore, excluding taxes (GST as applicable). The project period is 910 days.
Key Highlights
- HGINFRA received LOA from NHAI for a new Six-lane Access Controlled Capital Annuity Region Ring Road Package-III project.
- The project is in the State of Odisha under NH(O) on Hybrid Annuity Mode and spans 40.33 km from Gobindpur (NH-55) to Tangi near Bandola Toll Plaza (NH-16).
- The estimated project cost is INR 1,582.11 Crore, excluding taxes (GST as applicable).
- The project period is 910 days.
- This announcement follows the earlier announcement dated February 24, 2026.