Deals11 Mar 2024, 11:55 pm
H.G. Infra Engineering Receives Letter of Award from NHAI for INR 37.43 Crore Projects
AI Summary
In a recent announcement, H.G. Infra Engineering Ltd has shared that they have received a letter of award from the National Highways Authority of India (NHAI) for two projects under Hybrid Annuity Mode in the state of Andhra Pradesh. The projects include an 862.11 crore project on NH-716 and a 6 lane project on NH-71, each with a construction period of 24 months. The trading window for dealing in the securities of the company is now closed for designated persons and their immediate relatives due to this insider information until March 13, 2024.
Key Highlights
- H.G. Infra Engineering receives letter of award from NHAI
- Projects costs INR 37.43 crores
- Two projects under Hybrid Annuity Mode
- Construction period 24 months for both projects
- Trading window closed until March 13, 2024