H.G. Infra Engineering said that it has received the letter of award from the National Highways Authority of India (NHAI) for an Andhra Pradesh-based project worth Rs 862.11 crore.
The project involves construction of a 4-lane highway with paved shoulders from the Tamil Nadu/Andhra Pradesh border to Puttur and a 6-lane highway with paved shoulders from Mallavaram to Renigunta in the state of Andhra Pradesh.
The hybrid annuity mode (HAM) is to be executed under NH(O),Chennai Tirupati Package-II, with a completion period of 24 months. The estimated cost reportedly is Rs 943.99 crore, and HG Infra’s bid cost is Rs 862.11 crore.
