HG Infra Engineering secures Rs 7.81-billion contract for NH 47 upgrade in Gujarat

12 Sep 2024 CW Team

HG Infra Engineering announced that it had secured a Rs 7.81 billion contract from the Ministry of Road Transport & Highways (MoRTH) for the upgradation of National Highway 47. In a filing to the stock exchange, the company stated that it had received a letter of award from MoRTH.

The project entails upgrading an existing six-lane road, including the construction of an elevated corridor, covering a stretch from km 0/00 to 10/170 km between Narol junction and Sarkhej junction on NH 47 in Gujarat. It will be carried out under the hybrid annuity mode (HAM) and spans 10.630 km, with a construction period of 2.5 years. Last month, HG Infra Engineering had emerged as the lowest bidder (L1) for the project, with the Ministry's estimated cost set at Rs 8.83 billion, while the company's bid was Rs 7.81 billion.

Based in Rajasthan, HG Infra Engineering specializes in infrastructure construction services, including highways, roads, bridges, runways, and civil construction, as well as land development, water pipelines, rehabilitation, and upgradation services.

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