H.G. Infra Engineering Limited received an LOA from NHAI for ₹1,582 Crore
H.G. Infra Engineering Limited (the “Company” or “HGINFRA”), an Indian road infrastructure company engaged in the business of EPC Services, Maintenance of bridges, flyovers, roads, and other infrastructure contract works, in its exchange filing said that,
The Company received a Letter of Award (LOA) on February 27, 2026, from the National Highways Authority of India (NHAI) for the construction of a six-lane road in Odisha, India. Source: BSE
ALSO READ – Kirloskar Brothers Limited Secures Order from Adani Power
Project Details
This is a project for the construction of a new six-lane access-controlled Capital Region Ring Road, Package III, from Gobindpur (NH-55) to Tangi near Bandola Toll Plaza (NH-16), with a total length of 40.33 km.
The project starts from the Design Ch. Km. 70+995 to Km. 111+325 in the State of Odisha, India, under NH(O) on Hybrid Annuity Mode (HAM) with an estimated project cost of ₹1,827.33 crore.
Project Value
The total estimated cost of the newly received project is ₹1,582 Crores (Rupees One Thousand Five Hundred Eighty-Two Crores Only), GST will be applicable.
Duration
The project is to be executed over a period of 910 days from the date of the Purchase Order, according to a company spokesperson.
Refer to hginfra share news for detailed information.
The company’s market capitalization is ₹3,500 Cr.
The stock is currently trading below its 20-day, 50-day, 100-day, and 200-day simple moving averages.
Check the list of “upcoming ipos“
Disclaimer: The contents and data presented here are just for your information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.