JAIPUR, DECEMBER 28, 2019 (GPN): HG Infra Engineering Ltd (HG Infra), a leading player in the road construction sector, has bagged a project for the construction of a bypass in Rewari district of Haryana.
The project is worth Rs 522.02 crore.
HG Infra has emerged as the L-1 bidder for the Hybrid Annuity Model (HAM) based project, which was awarded by the National Highways Authority of India (NHAI).
The proposed Rewari bypass (NH-11), which will serve as a feeder route in Rewari district will be 14.4 km in length. The project completion period is 2 years.
Speaking about the development, the company’s Chairman and Managing Director, Mr. Harendra Singh said HG Infra is committed to build world class roads and highways to further the development agenda of the government.
“While we will continue to strive for excellence in the sector not just for our growth, but for the nation’s growth as well. Winning of projects is a testimony of our rich experience, domain expertise and execution capabilities,” Singh said.
The company has an order book of Rs 6,272 crore as of September 30, 2019.
About HG Infra Engineering Limited (BSE: 541019; NSE: HGINFRA): HG Infra is a leading player in the roads & highways space with an execution track record of over 15 years. HG provides engineering, procurement and construction (EPC) services on a fixed-sum turnkey basis and undertaking civil construction and related infrastructure projects, in the road construction space. With 23 orders under execution, the Company has presence in Rajasthan, Uttar Pradesh, Haryana, Uttarakhand, Maharashtra and Arunachal Pradesh. The Company has a robust business model built around complete integration, large fleet of in-house equipment and skilled manpower. ENDS
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