H.G. Infra Engineering Limited has announced that its wholly owned subsidiary, H.G. Varanasi-Kolkata PKG-10 Highway Private Limited, has received the appointed date for the Varanasi-Kolkata Highway project from the National Highways Authorities of India. The project, valued at ₹1303.11 crore, covers a 35.600 km stretch. The appointed date is May 30, 2026, marking a key milestone for the HAM project.
Project Milestone Achieved
H.G. Infra Engineering Limited (HGINFRA) has officially received the appointed date for its significant highway project. This development pertains to “H.G. Varanasi-Kolkata PKG-10 Highway Private Limited,” a wholly owned subsidiary of HGINFRA. The declaration comes from the National Highways Authorities of India (NHAI) and is a crucial step forward for the project’s commencement.
Project Details and Financials
The project involves the construction of a 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway. Specifically, it covers the stretch from Deoria village to Donoreshan village, spanning from kilometer 253.000 to 288.600. This initiative is part of the Bharatmala Pariyojana in the State of Jharkhand and will be executed under the Hybrid Annuity Mode (‘HAM’). The total project cost is pegged at ₹1303.11 crore. The construction period is set at 730 Days, covering a length of 35.600 KM.
Appointed Date
The National Highways Authorities of India has declared the appointed date for this project as May 30, 2026. This date officially signifies the commencement of the project’s timeline and subsequent activities. HGINFRA has previously provided necessary details regarding SEBI Regulations and Circulars on November 30, 2023, and April 28, 2023.
Source: BSE