H.G. Infra Engineering Wins L-1 Bid for ₹1,582 Crore Odisha Six-Lane Ring Road Project
Mumbai, 24 Feb 2026: H.G. Infra Engineering Limited (HGINFRA) has been declared the L-1 bidder by the National Highways Authority of India (NHAI) for the construction of a new six-lane Access Controlled Capital Region Ring Road (Package-III) in Odisha.
The project stretches from Gobindpur (NH-55) to Tangi near Bandola Toll Plaza (NH-16), covering a design length from Km 70+995 to Km 111+325, and will be executed under the Hybrid Annuity Mode (HAM) with an estimated bid value of ₹1,582.11 crore (excluding taxes). The construction period for the project is set at 910 days.
Key Highlights of the Project
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Project Authority: National Highways Authority of India (NHAI)
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Project Mode: Hybrid Annuity Mode (HAM)
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Project Length: 40.33 km
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Construction Timeline: 910 days
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Estimated Bid Value: ₹1,582.11 crore
The project aims to enhance regional connectivity, reduce traffic congestion, and improve road infrastructure in Odisha, supporting economic development in the region. HGINFRA’s win reflects its growing footprint in highway and infrastructure development projects across India.
Company Statement:
“We are honored to be selected as the L-1 bidder for this strategically important project. This opportunity allows HGINFRA to contribute to safer, faster, and more efficient road networks in Odisha,” said Ankita Mehra, Company Secretary & Compliance Officer, H.G. Infra Engineering Limited.