H G Infra Engineering Ltd, on Friday, December 01, announced that they received the LoA (Letter of Award) from NHAI (National Highways Authority of India) to construct a 6-lane greenfield Varanasi-Ranchi-Kolkata Highway. The project will be developed under the Bharatmala Pariyojana in Jharkhand on a Hybrid Annuity Model (Package 10).
H G Infra Engineering offered a bid of 1,303.11 INR Crore for the 35 km highway, whereas NHAI estimated the project at 998.36 INR Crore. It will connect Deoria to Donoreshan Village from 253.000 km to 288.600 km. The project is anticipated to be completed within 730 days (approximately two years).
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The construction company also received a Letter of Acceptance from DMRC (Delhi Metro Rail Corporation) for a project worth an estimated 399 INR Crore in January 2023.
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