HG Infra Engineering emerges L1 bidder for two HAM projectsHG Infra Engineering has been declared as the lowest (L1) bidder by the National Highways Authority of India (NHAI) for two hybrid annuity mode (HAM) projects.

The scope of work includes development of six-lane Kaliagura-Baunsaguar Section of NH-130-CD Road from 249.000 km to 293.000 km under Raipur-Visakhapatnam Economics Corridor in the state of Odisha on hybrid annuity mode (Package – OD-5) (length – 44.000 km). The bid project cost by the company is Rs 1,492.11 crore.

Another work includes development of six-lane Baunsaguar-Baraja Section of NH-130 CD Road from 293.000 km to 338.500 km under Raipur-Visakhapatnam Economics Corridor on HAM (Package OD-6). The bid project cost by the company is Rs 1,123.11 crore.

The completion period for both the projects is 730 days.


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