H.G. Infra Engineering has received the Letter of Award (LOA) from the National Highways Authority of India (NHAI) for two HAM projects.
The first project entails the construction of a six-lane road with a length of 44 kilometres on the Kaliagura-Baunsaguar Section of NH-130-CD Road in Odisha’s Raipur-Visakhapatnam Economic Corridor using Hybrid Annuity Mode (HAM).
The cost of NHAI’s bid project is Rs 1,338.27 crore, whereas the cost of the company’s bid project is Rs 1,492.11 crore. The project will take 730 days to complete.
The second project entails the construction of a six-lane, 45.50-kilometer section of NH-130-CD Road in the state of Odisha as part of the Raipur-Visakhapatnam Economic Corridor using Hybrid Annuity Mode (HAM). The cost of NHAI’s bid project is Rs 958.98 crore, whereas the cost of the company’s bid project is Rs 1,123.11 crore. The project will take 730 days to complete.
