HG Infra receives completion certificate for Rs997.11 crore project; stock skids ~3%

2 Aug 2022 , 03:10 PM

H.G. Infra Engineering Limited informed that it received the completion certificate for the construction of a Eight Lane Carriageway starting at the Haryana-Rajasthan border and ends at Junction with SH44 (km 78+800 to km 115+700) Section of Delhi — Vadodara Green Field Alignment (NH-148N) on EPC Mode under Bhartmala Pariyojna (Pkg-4) in Rajasthan.

The certificate of completion has been issued by the authority dated on August 01, 2022, and the project has been declared fit for entry into operation on June 26, 2022.

The project was appointed on December 10, 2019, and was scheduled to be completed on December 9, 2021.

The company undertook the project for a Bid Project cost of Rs997.11 crore.

At around 3.14 PM, H.G. Infra Engineering was trading at Rs577 down by 2.68% from its previous closing of Rs592.90 on the BSE.