HG Infra Engineering Secures ₹1,582 Crore NHAI Project in Odisha

H.G. Infra Engineering (HG Infra) has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for a major six-lane highway project in Odisha. The LOA, dated February 27, 2026, awards the company Capital Region Ring Road Package-III, a key segment of the state’s upcoming access-controlled ring road network.

The project involves the construction of a new six-lane access-controlled highway from Gobindpur (NH-55) to Tangi near Bandola Toll Plaza (NH-16), covering the stretch from km 70.995 to km 111.325. The total project length is 40.33 kilometres.

The work will be executed under the Hybrid Annuity Model (HAM).

NHAI has estimated the project cost at ₹1,827.33 crore, while HG Infra’s bid project cost stands at ₹1,582.11 crore.

The construction period is 910 days, after which the project will move into the annuity phase as per HAM norms.

Once completed, the new corridor is expected to significantly improve connectivity around Odisha’s capital region, ease traffic on existing national highways, and support faster movement of goods and passengers.