Published On:March 11 2024
Story Viewed 1266 Times
HG Infra Engineering Ltd Secures L1 Position for Segment of Chennai-Tirupati Road Project by NHAI
H.G. Infra Engineering Limited (HGINFRA) has emerged as the L-1 bidder for the National Highways Authority of India's (NHAI) Hybrid Annuity Mode (HAM) project titled "Access Controlled Highway of 4 Lane with Paved Shoulders from TN/AP Border (Design Chainage km 61+51) to Puttur (Design Chainage Km 81+450) of NH-716 & 6 Lane with Paved Shoulders from Mallavaram (Design Chainage Km 97+100) to Renigunta (Design Chainage Km 114+500) of NH-71 in Andhra Pradesh on Hybrid Annuity Mode under NH(O) (Chennai-Tirupati Package-II)".
The NHAI estimated project cost for this endeavor stands at INR 943.99 Crore, whereas HGINFRA's bid project cost amounts to INR 862.11 Crore.
EQUITYBULLS