HG Infra’s Subsidiary Completes ₹1,060 Crore Highway Project in Andhra Pradesh

HG Infra Engineering’s wholly-owned subsidiary, H.G. Raipur Visakhapatnam AP-1 Private Limited, has successfully completed the six-lane highway project from Aluru to Jakkuva (Km 365+033 to 396+800) on NH-130 CD Road under the Bharatmala Pariyojana. The project, valued at ₹1,060.11 crore, was executed on a Hybrid Annuity Model (HAM). Originally scheduled for completion by March 29, 2024, the project achieved provisional completion on May 23, 2025, and received its Provisional Completion Certificate (PCC-1) on October 1, 2025, certifying it fit for commercial operation. This stretch is a key segment of the Raipur–Visakhapatnam Economic Corridor, aimed at boosting regional connectivity and economic development in Andhra Pradesh. The timely disclosure to stock exchanges reflects HG Infra’s commitment to transparency. This milestone reinforces the company’s execution capabilities in large-scale infrastructure projects and strengthens its position in India’s road development sector.