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Roadways Industry News

H G Infra arm gets LoI from NHAI for Telangana project

Tuesday 11th Oct 2022    218
H G Infra arm gets LoI from NHAI for Telangana project
 

H G Infra Engineering's wholly owned subsidiary H G Khammam Devarapalle Pkg-2 Pvt Ltd has received a letter of intent from the National Highways Authority of India (NHAI) to declare the set date for the project: section of NH365BG (Khammam-Devarapalle) with a length of 29,513 km from Somavaram village to Chintagudem village under Inter Corridor Route of Bharatmala Pariyojana on Hybrid Annuity Mode in Telangana State (Package-II).'

According to a regulatory filing, the NHAI's estimated project cost is Rs 5.23 billion while HG Infra's bid sets the project cost at Rs 6.37 billion. The lead time is 730 days and the agreed date is September 13, 2022.

 
 
 
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