JAIPUR, FEBRUARY 7, 2020 (GPN): H.G. Infra Engineering Limited (HGIEL), a leading player in the road construction sector, has been declared L-1 bidder by NHAI for its two projects around Rs. 2,100 on EPC mode under Bharatmala Pariyojana in the state of Rajasthan.

The details of the two projects bagged are given below:

1. Construction of Eight Lane Carriageway starting near start of ROB near Junction with NH-IIA to Junction with MDR-1 (Baonli-Jhalai road) section of Delhi-Vadodara Green field Alignment (NH-148 N). The NHAI’s estimated project cost is Rs. 903.43 crore. HG Infra’s bid price is Rs. 880.11 crore. The length of the project is around 33.05 kms and duration is 2 years.

2. Construction of Eight Lane Carriageway start near Junction with MDR-I (Baonli-Jhalai road) to end of interchange on NH-552 (Tonk-Swai Madhopur) near village Mui section of Delhi Vadodara Green field Alignment (NH-148N). The NHAI’s estimated project cost is Rs. 1,198.93 crore. HG Infra’s bid price is Rs. 1,258.11 crore. The length of the project is around is around 45.64 kms and duration is 2 years.

The Company’s Order Book as on 31st Dec 2019 stood at Rs 6,159cr. With these two projects HG Infra’s order book stands at ~Rs 8,288 cr (not taking into account the execution post Dec 2019). ENDS

About HG Infra Engineering Limited (BSE: 541019; NSE:  HGINFRA):

HG Infra is a leading player in the roads and 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 22 orders under execution, the Company has presence in Rajasthan, Uttar Pradesh, Haryana and Maharashtra. The Company has a robust business model built around complete integration, large fleet of in-house equipment and skilled manpower.