H.G. Infra Engineering Limited — Important, 10-12-2024: Updates

H.G. Infra Engineering Limited has received a letter of acceptance from the Ministry of Road Transport and Highways (MORTH) for the improvement and upgradation of the NH-227B project. The estimated project cost is ₹898.5 Cr, and HGINFRA's bid for this project is ₹763.11 Cr. The contract is structured as a Hybrid Annuity Mode (HAM) and involves a construction period of two years for the segment spanning from Design Km 160.200 to Km 224.040, also known as the "84 Kosi Parikrama Marg" in Uttar Pradesh. This project could enhance HGINFRA's revenue streams and strengthen its order book, presenting a positive outlook for its future operations.