H.G. Infra Engineering Limited (HGINFRA) has successfully received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for a significant road construction project. Valued at a bid cost of ₹1,582.11 Crore, the project involves constructing a new six-lane access-controlled section of the Regional Ring Road in Odisha under the Hybrid Annuity Mode (HAM). The construction duration is set for 910 days, further bolstering the company’s infrastructure portfolio.
HGINFRA Awarded New NHAI Project
H.G. Infra Engineering Limited announced the receipt of a crucial Letter of Award (LOA) from the National Highways Authority of India (NHAI) on February 27, 2026. This award pertains to the construction of a new Six-lane Access Controlled Capital Region Ring Road Package-III located in the State of Odisha.
Project Financials and Specifications
The scope of work focuses on the stretch from Gobindpur (NH-55) to Tangi near Bandola Toll Plaza (NH-16), spanning design chainage from Km. 70+995 to Km. 111+325. The project will be executed under the Hybrid Annuity Mode (HAM). Key financial details are as follows:
- NHAI Estimated Project Cost: Rs. 1,827.33 Crore (Excluding GST)
- HGINFRA Bid Project Cost: Rs. 1,582.11 Crore (Excluding GST)
- Total Length: 40.33 Km
- Construction Period: 910 Days
Compliance and Disclosure
The company confirms that all necessary details required under applicable regulations were previously disclosed in its earlier announcement dated February 24, 2026. This new contract represents a significant addition to HGINFRA’s ongoing infrastructure development pipeline, reaffirming its commitment to timely project execution.
Source: BSE
