HG Infra Engineering Limited (HGINFRA) has informed the exchanges that its wholly owned subsidiary, H.G. Varanasi-Kolkata PKG-13 Private Limited, has received the provisional appointed date for a major highway construction project awarded by the National Highways Authority of India (NHAI). The communication was received on September 30, 2025, confirming the start timeline for execution.
The project involves the construction of a 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway section from Lepo village to Kamlapur village (Jharkhand/West Bengal border), covering 28.70 km between km 358.500 and km 387.200. The work is part of the Bharatmala Pariyojana initiative and will be executed under the Hybrid Annuity Model (HAM).
The project cost is estimated at ₹925.11 crore, with a completion timeline of 730 days from the appointed date. With the provisional date set as September 30, 2025, execution is now expected to move into full scale as per the agreed schedule. This development reinforces HGINFRA’s strong position in national highway development projects.
The Varanasi-Ranchi-Kolkata highway is a critical infrastructure link under the Bharatmala Pariyojana programme, aimed at improving connectivity and boosting economic activity in the eastern region of India. HGINFRA’s participation in this large-scale project highlights its expertise in delivering complex and high-value highway works.
Read More: Ministry of Road Transport Mandates Acoustic Vehicle Alerting System for All EVs from October 2026!
On October 1, 2025, H.G. Infra Engineering share price opened at ₹929.05 on NSE, below the previous close of ₹940.40. During the day, it surged to ₹970.15 and dipped to ₹923.05. The stock closed at ₹960.85 by the end of the day. The stock registered a significant gain of 2.17%.
Over the past week, it has declined by 3.22%, over the past month, it has declined by 3.15%, and over the past 3 months, it has declined by 11.26%.
The declaration of the provisional appointed date marks a key milestone for HG Infra Engineering in the ₹925.11 crore Varanasi-Kolkata highway project. With execution scheduled over the next 730 days, the company is set to contribute significantly to India’s road infrastructure growth and further strengthen its project portfolio under NHAI’s flagship programmes.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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 securities are subject to market risks. Read all related documents carefully before investing.
Published on: Oct 2, 2025, 1:41 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
