H.G. Infra Engineering Limited has been declared as L1 bidder by National Highways Authority of India (NHAI) for Hybrid Annuity Mode (HAM) Project.
As per the filing, the project is for “construction of 6-Lane Greenfield Karnal Ring Rd starting from NH44 near Vill Shamgarh Design km 0.000 land terminating at Karnal Munak Road (MDR115) Vill Samalakha (Design km 34.500) under BMP in Haryana on HAM.”
Further, the NHAI estimated project cost is Rs743.74 crore while HG Infra bid project cost is Rs997.11 crore. The construction period is 730 days, the company stated.
At around 9:17 AM, H.G. Infra Engineering Ltd is currently trading at Rs628.85 per share up by Rs7.55 or 1.22% from its previous closing of Rs621.30 per share on the BSE.
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