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Completion certificate received by H.G. Infra for Rajasthan project

2023-03-23

The completion certificate for an EPC project in Rajasthan that was granted under the Bharatmala Pariyojna was obtained, according to an announcement from H. G. Infra Engineering. The project’s scope calls for the building of an eight-lane, access-controlled expressway beginning at a road over bridge (RoD) close to the Baonli-Jhalai route of Rajasthan's greenfield Delhi-Vadodara alignment. The project's price tag was Rs 8.80 billion.

The project has been deemed ready for entry into operation with effect from 6 February 2023, according to the completion certificate obtained from the authority engineer. Engineering, procurement, and construction (EPC) projects involving highways, bridges, flyovers, and infrastructure contract works are the main focus of H.G. Infra Engineering. On the back of a 23.7 per cent increase in net sales to Rs 11.85 billion from Q3 FY22, the company's consolidated net profit increased by 30.2 per cent to Rs 1.30 billion.