H.G. Infra Engineering Ltd. has won a significant order valued at ₹781.11 crore from the Ministry of Road Transport and Highways. The infrastructure firm will execute this project using the hybrid annuity model (HAM), a widely adopted approach that combines public and private investment for infrastructure development.
The project is expected to be completed within two and a half years, reflecting H.G. Infra's commitment to timely and efficient delivery. The scope of work involves the construction of crucial road infrastructure, aimed at enhancing connectivity and supporting the country’s expanding transport network.
Securing this order further strengthens H.G. Infra's portfolio, positioning the company as a key player in India’s infrastructure sector. The firm has consistently demonstrated its capability in executing large-scale projects, contributing to the nation's development goals.
The hybrid annuity model allows for shared risk between the government and private contractors, ensuring that projects like this are financially viable and beneficial to both parties. As H.G. Infra embarks on this project, the firm is expected to deliver high-quality infrastructure that will support economic growth and improve road safety.
This latest contract win is a testament to H.G. Infra's expertise and growing presence in the infrastructure industry, highlighting its role in shaping India's future.
News by Rahul Yelligetti