H.G. Infra Subsidiary Achieves Financial Closure for Odisha Highway Project

H.G. Infra Engineering Ltd announced that its wholly-owned subsidiary, H.G. Gobindpur Tangi Highway Private Limited, has received a letter of Financial Close from the National Highways Authority of India (NHAI). This closure pertains to the construction of a new six-lane access-controlled highway in Odisha, Package-III of the Capital Region Ring Road. The project, valued at ₹1,582.11 Crore, will be developed on a Hybrid Annuity Mode (HAM) and covers a length of 40.33 KM, with a construction period of 910 days. The financial close date was September 16, 2026. This development follows earlier announcements made by the company.