HG Infra Engineering emerges as lowest bidder for Narol-Sarkhej Highway upgrade project
August 20, 2024
Ahmedabad: H.G. Infra Engineering Ltd has emerged as the lowest bidder (L1) for a road upgrade project in Gujarat, the company announced on Tuesday. The project involves upgrading the existing six-lane road, which includes an elevated corridor based on site requirements, from Narol Junction to Sarkhej Junction along National Highway 47 in the state.
In an exchange filing, the company stated, “H.G. Infra Engineering Limited has been declared the L1 bidder by the Ministry of Road Transport and Highways (MoRTH) for the project.”
The estimated cost of the project by MoRTH is ₹883.24 crore, while H.G. Infra’s bid is ₹781.11 crore. This project will be executed under the Hybrid Annuity Mode (HAM) and will cover a length of 10.63 kilometers, with an expected construction period of 2.5 years. DeshGujarat
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