HG Infra Subsidiary Wins Rs 11.23 Bn Highway Contract in Odisha

06 May 2025 CW Team

HG Infra Engineering’s wholly owned subsidiary, HG Raipur Visakhapatnam OD-6 Pvt Ltd, has secured a contract worth Rs 11.23 Bn from the National Highways Authority of India (NHAI) for the construction of a key highway segment in Odisha.

The project involves developing a six-lane stretch of National Highway 130-CD, from Baunsaguar to Baraja, as part of the Raipur–Visakhapatnam Economic Corridor. It will be executed under the hybrid annuity model, which combines upfront government support with long-term private sector operation.

Designed to improve regional connectivity and boost infrastructure, the project aims to enhance goods transportation and accessibility to remote areas in the state. The corridor is expected to significantly improve traffic flow and promote economic activity in the region.

The development of this strategic section will support broader economic growth initiatives by enabling faster movement across industrial zones and rural areas.

This initiative is part of the government's wider push to strengthen national infrastructure through public-private partnerships, especially along key economic corridors that connect major industrial and trade routes.

Source:Press Trust of India (PTI)

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