HG Infra receives appointed dateHGINFRA - 863 Change: -1.10 (-0.13 %)
HG Infra Engineering's wholly owned subsidiary, HG Khammam Devarapalle Package-2 Pvt Ltd, has received appointed date for the project of four-lane highway section of NH-365BG of length - 29.5 km from Somavaram village to Chintagudem village on HAM mode in Telangana (Package-lI). The bid project cost was at Rs 637.1 crore.
HG Infra Engineering recently achieved financial closure for the project with significant progress witnessed in land acquisition. Now, with the receipt of appointed date, the execution of the project is likely to get ramped up, going ahead.