H.G. Infra Engineering Limited (HGINFRA) — Announcement

· NSE Neutral
📢 Key Event
HGINFRA receives provisional completion certificate for Uttar Pradesh expressway project
🔄 What Changed
Provisional completion certificate issued, enabling commercial operations commencement
💡 Investor Takeaway
This milestone validates project progress and reduces execution risk for the Ganga Expressway contract.

H.G. Infra Engineering Limited announced receipt of a provisional completion certificate from Adani Road Transport Limited for the 151.7-km Ganga Expressway segment in Uttar Pradesh, marking a key milestone toward commercial operations under its DBFOT contract. The project, valued at Rs. 4970.99 crores, involves constructing a six-lane (expandable to eight-lane) access-controlled expressway from Meerut to Prayagraj. The certificate was issued on May 30, 2026, confirming readiness for commercial operations after 820 days from the appointed date of November 11, 2022. This development underscores progress on a major infrastructure asset and validates execution capabilities in high-growth highway projects.

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About H.G. Infra Engineering Limited (HGINFRA)

Construction · Construction · Listed on NSE

Market Cap: ₹3,937.64 Cr P/E: 7.2

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