Gadkari Flags Off Rs 44 Bn National Highway Projects in Vidisha
HG Infra Arm Gets Appointed Date for Rs 7.63 Bn NH-227B Project
HG Infra Engineering said its wholly owned subsidiary, HG Bahuvan Jagarnathpur Highway, has received the appointed date for a major National Highway project in Uttar Pradesh. The appointed date has been declared by the Superintending Engineer, National Highways Circle, Public Works Department (PWD), Lucknow.The project involves the improvement and upgradation of a two-lane highway with paved shoulders on the newly notified National Highway-227B. The stretch covers the Bahuvan Madar Majha to Jagarnathpur section under the “84 Kosi Parikrama Marg” in Uttar Pradesh, an important religious and..
Kalpataru Projects Sells Vindhyachal Expressway to Actis for Rs 7.75 Bn
Kalpataru Projects International (KPIL) has completed the sale of its 100 per cent equity stake in Vindhyachal Expressway (VEPL) to global infrastructure investor Actis for an enterprise value of Rs 7.75 billion. The company said definitive agreements for the transaction were executed on October 9, 2024, subject to customary closing adjustments.VEPL is a special purpose vehicle established to develop and operate an 89.30-km four-lane highway connecting Rewa to Hanumana on the Madhya Pradesh–Uttar Pradesh border along National Highway-7. The project was awarded by the Madhya Pradesh Road Deve..

