H.G. Infra Engineering Limited announced that it has incorporated a wholly owned subsidiary company namely "H.G. Chennai-Tirupati (II) Highway Private Limited" a Special Purpose Vehicle (`SPV') on April 08, 2024 to undertake the
below-mentioned project awarded by National Highways Authority of India (`NHAI'): Project is Access Controlled Highway of 4 Lane with Paved Shoulders from TN/AP Border (Design Chainage km 61+51) to Puttur (Design Chainage Km 81+540) of NH- 716 & 6 Lane with Paved Shoulders from Mallavaram (Design Chainage Km 97+100) to Renigunta (Design Chainage Km 114+500) of NH-71 in the state of Andhra Pradesh on Hybrid Annuity Mode under NH(O) (Chennai-Tirupati Package- II). Project Cost is 8621.1. Mode is Hybrid Annuity Mode (HAM). Length is 37.43. Construction Period is 24 Months.