HG Infra Arm Gets Appointed Date for Rs 7.63 Bn NH-227B Project

20 Jan 2026 CW Team

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 regional connectivity corridor.

Valued at Rs 7.63 billion, the project will be executed under the Hybrid Annuity Mode (HAM). HG Infra Engineering said the construction period for the highway project is two years, with January 16, 2026, officially declared as the appointed date. The company added that the award and execution of the project are in the normal course of business.

Once completed, the upgraded highway is expected to improve road safety, enhance travel efficiency and support smoother movement of pilgrims, local commuters and freight traffic along the corridor. The project is also aligned with the government’s broader objective of strengthening road infrastructure and regional connectivity in Uttar Pradesh.

Meanwhile, HG Infra Engineering recently reported its financial results for the second quarter ended September 2025. The company’s net profit declined 35.4 per cent year-on-year to Rs 520.1 crore, compared with Rs 800.7 million in the corresponding quarter of the previous year. Revenue from operations remained largely stable during the quarter, rising marginally by 0.2 per cent to Rs 9.04 billion from Rs 9.02 billion in Q2FY25.

Despite near-flat revenues, the decline in profitability reflects pressure on margins during the period, even as the company continues to secure new highway projects to support long-term growth.

News source: CNBC TV18

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..