HG Infra climbs over 3% after receipt of LoA from NHAI for two HAM projects

The projects involve the construction of four-lane access roads in Telangana.

Sep 16, 2021 01:09 IST India Infoline News Service

HG Infra
HG Infra Engineering Limited has received the letter of award (LoA) from the National Highways Authority of India (NHAI) for two HAM projects.

The company stock was in demand on Thursday and at around 1.10 PM, H.G. Infra Engineering Ltd was trading at Rs658.60 per piece up by Rs21.15 or 3.32% from its previous closing of Rs637.45 per piece on the BSE.

The first project is the construction of 4 lane Access 656.45 HAM 772. I I 730 Days 33.604 Controlled New Greenfield Highway Section of NH-365BG (KhammamDevarapalle) of length 33.604 kin from Thallampadu village to Somavaram village (Design Chainage 0+000 to 33+604) under Inter Corridor Route under Bharatmala Pariyojana, on Hybrid Annuity mode in the state of Telangana (Package-I).

The second project is construction of 4 lane Access 523.59 HAM 637.11 730 days 29.513 Controlled New Green field Highway Section of NH 365BG (KhammamDevarapalle) of length 29.513 kin from Somavaram village to Chintagudem village (Design Ch 33+604 to 63+117 under Inter Corridor Route under Bharatmala Pariyojana on Hybrid Annuity mode in the state of Telangana (Package-11).

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