HG Infra has received LoA from the Ministry of Road Transport and Highways (MoRTH) for a road improvement contract worth Rs 763 crore.

The road improvement and upgradation work along the National Highway 227B in Uttar Pradesh. It involves developing a 63.84-km stretch into a two-lane road with paved shoulders under hybrid annuity mode (HAM). The construction is expected to be completed within two years.

The project aims to improve and upgrade the two-lane road with paved shoulders configuration from Bahuvan Madar Majha to Jagarnathpur.

The company's bid for the project was valued at Rs 763.11 crore.