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HG Infra Engineering Wins ₹1,582 Crore NHAI Contract for Odisha Capital Region Ring Road
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HG Infra Secures ₹1,582 Cr NHAI Contract for Odisha Ring Road
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CNBC TV18
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27-02-2026, 22:43
HG Infra Secures ₹1,582 Cr NHAI Contract for Odisha Ring Road
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HG Infra Engineering Ltd received a Letter of Award (LOA) from NHAI for a six-lane Capital Region Ring Road Package-III in Odisha.
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The project, spanning 40.33 km from Gobindpur (NH-55) to Tangi (NH-16), is under the Hybrid Annuity Mode (HAM).
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HG Infra's bid project cost is ₹1,582.11 crore, with a construction period of 910 days.
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The company's Chairman and MD, Harendra Singh, and four officials were granted anticipatory bail in a CBI matter.
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This development follows CBI search operations at the company's offices and a project site in January 2026.
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