H G Infra Engineering Limited (‘HGINFRA’) has received a letter from the National Highways Authority of India (‘NHAI’) dated November 01, 2021, stating that the project’s appointed date has been set for October 28, 2021.
‘Development of 6-lane Urban Extension Road (UER) – 2 – NH-344 M, Package I (from NH 1 to Karala – Kanjhawala Road, Km (-)0+700 to 15+000) in the state of Delhi on EPC mode’ is the project title.
The cost of the NHAI bid project is Rs1646.57 crore, while the cost of the company’s bid project is Rs1393.11 crore.
The project is expected to take two years to complete.