H.G. Infra Subsidiary Receives Appointed Date for Jharkhand Highway Project
H.G. Infra's subsidiary received the appointed date of May 30, 2026, for a ₹1303.11 crore highway project in Jharkhand. The project involves constructing a 35.600 km, 6-lane Greenfield highway on a Hybrid Annuity Mode.
The project has a substantial cost of ₹1303.11 crore, indicating a significant business opportunity for H.G. Infra's subsidiary. This will contribute to future revenue streams and operational scale.
The declaration of an appointed date for a significant highway project signifies progress and the commencement of a major infrastructure development, which is positive for the company.
H.G. Infra Engineering Limited (HGINFRA) announced that its wholly-owned subsidiary, "H.G. Varanasi - Kolkata PKG -10 Highway Private Limited," has received a letter from the National Highways Authorities of India (NHAI) declaring the appointed date for a significant highway project.
The project involves the construction of a 6-lane Greenfield Varanasi - Ranchi - Kolkata Highway from Deoria village to Donoreshan village, covering a length of 35.600 km (Package - 10) under the Bharatmala Pariyojana in Jharkhand. This project is to be executed on a Hybrid Annuity Mode (HAM) with a total project cost of ₹1303.11 crore and a construction period of 730 days.
The appointed date for this project has been declared as May 30, 2026. HGINFRA has previously provided detailed information regarding this project on November 30, 2023, and April 28, 2023.
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