Current Date: 30 Apr, 2025

HG Infra Subsidiary Completes ₹1492 Crore Odisha Highway Project

HG Raipur Visakhapatnam OD-5, a wholly owned subsidiary of HG Infra Engineering, has received the provisional completion certificate for its highway development project in Odisha. Issued on April 25, 2025, and received by the company on April 28, the certificate confirms the project’s readiness for commercial operations as of January 4, 2025.

The project involves the construction of a six-lane stretch of National Highway 130-CD from Kaliagura to Baunsaguar (Km 249+000 to Km 293+000), forming a critical part of the Raipur–Visakhapatnam Economic Corridor. Developed under the Hybrid Annuity Model (HAM), the project was awarded by the National Highways Authority of India (NHAI) at a total cost of ₹1,492.11 crore. Initially slated for completion by May 29, 2024, the schedule was later revised, and the work was completed over 24 months.

HG Infra Engineering Limited (HGIEL) continues to expand its presence in the road and highway infrastructure sector across multiple states including Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh.

 

News by Rahul Yelligetti.

 

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Source : projxnews