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Major Highway Project Greenlit
H.G. Infra Engineering Limited announced a significant development as its wholly owned subsidiary, H.G. Bahuvan Jagarnathpur Highway Private Limited, has been granted the appointed date for a crucial highway project in Uttar Pradesh. The Superintending Engineer of the National Highways Circle, PWD Lucknow, formally designated January 16, 2026, as the commencement date for the upgrade of a 63.84 km section of National Highway 227B, popularly referred to as the "84 Kosi Parikrama Marg."
Project Scope and Funding
The project involves the transformation of the existing road into a two-lane carriageway with paved shoulders between Bahuvan Madar Majha and Jagarnathpur. This ambitious undertaking is being developed under the Hybrid Annuity Model (HAM), with a total project cost estimated at ₹763.11 crore, approximately USD 92 million. The HAM model allows for a phased payment structure, reducing immediate financial burden.
Construction Timeline and Mobilisation
With the appointed date now effective, the construction phase for this significant infrastructure project is officially slated to last two years. This milestone paves the way for resource mobilisation and the immediate commencement of detailed construction activities, promising improved transportation efficiency and connectivity for the region. The company's substantial order book, standing at ₹13,933 crore as of September 30, 2025, provides a strong foundation for executing such large-scale projects.
About HG Infra Engineering Ltd
H.G. Infra Engineering Ltd (HGIEL) is a well-established Indian road infrastructure firm providing comprehensive Engineering, Procurement, and Construction (EPC) services, alongside maintenance. Specializing in road construction, particularly HAM projects, HGIEL has a robust track record, having completed over 10 HAM projects and currently managing 26 projects across 13 states. The company has also expanded its expertise into railways, metro, solar power, and water projects.