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HG Infra Engineering successfully bids for Rs 781 crore road project in Gujarat
Infrastructure - Aug 20,2024 -HG Infra Engineering Ltd has emerged as the lowest bidder (L1) for a road upgradation project in Gujarat, the construction major said.
The project involves upgrading the existing six-lane road, including an elevated corridor, spanning from Narol Junction to Sarkhej Junction along National Highway 47 in the state.
"H.G. Infra Engineering Limited has been declared as L-l bidder by the Ministry of Road Transport and Highways (MoRTH) for the project," the company said in an exchange filing.
The estimated project cost by MoRTH is Rs 883.24 crore, with HG Infra's bid coming in at Rs 781.11 crore.
The project will be executed under the Hybrid Annuity Mode (HAM), covering a length of 10.63 kilometers. The construction period is expected to be 2.5 years.
H.G. Infra Engineering successfully bids for Rs 781 crore road project in Gujarat
Infrastructure - Aug 23,2024 -H.G. Infra Engineering has been declared as L-l bidder by the Ministry of Road Transport and Highways (MoRTH) for project entailing up-gradation of existing 6 Lane road including elevated corridor as per site requirements from km 0/00 to km 10/170 of NH 47 (Narol Junction to Sarkhej Junction) in the State of Gujarat on Hybrid Annuity Mode. The company's bid project cost is Rs 781.11 crore.
"H.G. Infra Engineering Limited has been declared as L-l bidder by the Ministry of Road Transport and Highways (MoRTH) for the project," the company said in an exchange filing.
The estimated project cost by MoRTH is ₹883.24 crore, with HG Infra's bid coming in at Rs 781.11 crore.
The project will be executed under the Hybrid Annuity Mode (HAM), covering a length of 10.63 kilometers. The construction period is expected to be 2.5 years.
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