
Deals24 Feb 2026, 07:41 pm
H.G. Infra Engineering Ltd Wins L-1 Bid for Rs. 1,582.11 Crore Hybrid Annuity Project from NHAI
AI Summary
H.G. Infra Engineering Limited has been declared as L-1 bidder by the National Highways Authority of India (NHAI) for the construction of a new Six-lane Access Controlled Capital Annuity Region Ring Road Package-III in the State of Odisha under NH(O) on Hybrid Annuity Mode. The project cost is estimated at Rs. 1,827.33 Crore, out of which the construction cost is Rs. 1,582.11 Crore. The project is to be executed in 910 days from the date of award.
Key Highlights
- H.G. Infra Engineering Ltd wins L-1 bid for a project from NHAI
- Project cost is estimated at Rs. 1,827.33 Crore
- Construction cost is Rs. 1,582.11 Crore
- Project to be executed in 910 days
- Project is a new Six-lane Access Controlled Capital Annuity Region Ring Road Package-III in the State of Odisha under NH(O) on Hybrid Annuity Mode