Construction engineering company H.G. Infra Engineering has emerged to be the lowest bidder for a road construction project in Jharkhand, reported Business Standard.

This was announced by the National Highways Authority of India (NHAI).

The scope of this project involves the construction of a six-lane Greenfield Varanasi-Ranchi-Kolkata road from the junction with NH320 in Lepo village to Kamlapur village under Bharatmala Pariyojana.

The work will be carried out in hybrid annuity mode (HAM).

The expected budget of this project is $9.29m, and the bid of the company’s bid cost is $11.25m.

Construction of this project is expected to take 730 days to complete.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

H.G. Infra Engineering is involved in engineering, procurement, and construction (EPC), in addition to maintenance of bridges, highways, flyovers, and other infrastructure contract projects.

In Q3 FY23, the company’s consolidated net profit increased by 30.2% to $1.59m while net sales grew by 23.7% to $14.41m compared with Q3 FY22.

Earlier this week, SP Singla Constructions Private Limited (SPSCL) secured a contract from the NHAI to construct a six-lane bridge across the River Ganga in Patna, Bihar.

SPSCL won the project by submitting the lowest bid of $36.45m.

NHAI, which is responsible for the management of a network of more than 50,000km of national highways in India, used steel slag to build a 1km road on a trial basis recently.

This trial project aligns with the Indian Government’s ‘Waste to Wealth’ mission.