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HG Infra Engineering Completes ₹1,060 Crore Andhra Pradesh Highway Project

Written by: Team Angel OneUpdated on: 3 Oct 2025, 7:50 pm IST
H.G. Infra Engineering secures PCC-1 for six-lane project on Raipur–Visakhapatnam corridor in AP; project cost ₹1,060 Cr, completed under HAM.
HG Infra Engineering Completes ₹1,060 Crore Andhra Pradesh Highway Project
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H.G. Infra Engineering Limited (HGINFRA) has announced the completion of a major highway project in Andhra Pradesh, strengthening its footprint in national infrastructure development. 

The company confirmed that its wholly owned subsidiary, H.G. Raipur Visakhapatnam AP-1 Private Limited, received the Provisional Certificate of Completion (PCC-1) from the Independent Engineer on 1 October 2025.

Project Scope and Timelines

The project involved the six-laning of a 31.77 km stretch of National Highway (NH) 130 CD, covering the Aluru–Jakkuva section from Km 365+033 to Km 396+800 in Andhra Pradesh. This work formed part of the Raipur–Visakhapatnam Economic Corridor under the Bharatmala Pariyojana and was awarded under Hybrid Annuity Mode (HAM). 

The project carried a bid cost of ₹1,060.11 crore, with an appointed date of 31 March 2022 and an original completion schedule of 29 March 2024. It ultimately achieved provisional completion on 23 May 2025, when the Independent Engineer declared the project ready for commercial operations.

About H.G. Infra Engineering Ltd

H.G. Infra Engineering Limited is a leading player in India’s construction and infrastructure sector, specialising in the design, execution, and development of highways, roads, and civil projects. 

Headquartered in Jaipur, the company is recognised for its expertise in executing large-scale public infrastructure under EPC, BOT, and HAM models. With a proven track record of delivering complex projects across multiple states, HGINFRA continues to play a vital role in India’s ambitious connectivity and economic development programmes.

Read More: HG Infra Engineering Secures Varanasi Kolkata Highway Project For ₹925.11 Crore!

H.G. Infra Engineering Ltd Share Price Performance 

As of 03 October, 2025, at 9:30 AM, H.G. Infra Engineering Ltd share price is trading at ₹968.70 per share, reflecting a gain of 0.82% from the previous closing price. Over the past month, the stock has declined by 2.75%.

Conclusion

By successfully completing the ₹1,060 crore Aluru–Jakkuva six-lane project in Andhra Pradesh, H.G. Infra Engineering has once again demonstrated its execution capabilities on nationally critical corridors. The project marks another step in India’s push to expand high-speed connectivity, while reinforcing HGINFRA’s reputation as a trusted infrastructure partner.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 3, 2025, 2:20 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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