H. G. Raipur Visakhapatnam AP-1, a wholly owned subsidiary of H. G. Infra Engineering has achieved financial closure for the development six-lane Aluru-Jakkuva section under Raipur-Visakhapatnam Economic Corridor.
The company has received letter from National Highways Authority of India (NHAI) for noting of financial closure w.e.f. 25 February 2022 for development of six-lane Aluru-Jakkuva section of NH-130-CD from km 365.033 to km 396.800 under Raipur-Visakhapatnam Economic Corridor [Package-01 (AP)] in the state of Andhra Pradesh on Hybrid Annuity Mode (HAM) under Bharatmala Pariyojna.
The 31.767 km long project worth Rs 1060.11 is scheduled to be completed within 730 days.