The National Highways Authority of India (‘NHAI’) has sent a letter to “H.G. Khammam Devarapalle Pkg-2 Private Limited,” a fully owned subsidiary of H.G. Infra Engineering Limited (‘HGINFRA’), indicating the financial closure as of July 20, 2022.
The project is to build a 4 lane Access Controlled New Greenfield Highway Section of NH-365BG (KhammamDevarapalle) with a length of 29.513 km from the villages of Somavaram and Chintagudem (Design Chainage. Km 33+604 to km 63+117) as part of the Inter Corridor Route under the Bharatmala Pariyojana on Hybrid Annuity mode in the states of Telangana (Package-II).