HG Infra gains 1% after being declared L-1 bidder for Rajasthan PWD project

The project is for the development and maintenance of three sections through PPP under DBOT Hybrid Annuity Basis.

Sep 14, 2021 01:09 IST India Infoline News Service

HG Infra
HG Infra Engineering Limited has been declared as L-I bidder by Public Works Department (PWD), Rajasthan for the project.

Development and maintenance of Beawar Masuda Goyala Section of SH 26A Arain Sarwar Section of SH 7E and NH 12 Laxmipura Dora Dabi Ranaji ka Gudha Section of SH 115 through PPP under DBOT Hybrid Annuity Basis.

The estimated project cost is Rs394.56cr and the bid project is Rs448.11cr with the length of 160.63 km.

At around 2.00 pm, H.G. Infra Engineering Ltd was trading at Rs604.05 per piece up by Rs5.75 or 0.96% from its previous closing of Rs598.30 per piece on the BSE.

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