HG Infra Engineering Limited New Project in Odisha | Construction Job
Company Name
H.G. Infra Engineering Limited
H.G. Infra Engineering Limited Bags New Project in Odisha
The financial bid results are out for another major Hybrid Annuity Mode (HAM) highway project, and competition among leading infrastructure players was intense.
Project Details
- Project: Construction of 6-Lane Capital Region Ring Road (CRRR) – Package 3
- Client: National Highways Authority of India (NHAI)
- Location: Odisha
- Project Length: Km 70.540 to Km 110.870
- Mode: Hybrid Annuity Mode (HAM)
- Estimated Cost: ₹1,827.33 Crore
- Financial Bid Opening: 24.02.2026
Top Bidders Snapshot
L1 – H.G. Infra Engineering Limited
• Bid Value: ₹1,582.11 Crore
• 13.42% Below Estimate
• Aggressive and strategic bidding in a competitive HAM market
L2 – GR Infraprojects Limited
• Bid Value: ₹1,687.57 Crore
• 7.65% Below Estimate
L3 – Brij Gopal Construction Company (BGCC)
• Bid Value: ₹1,688.00 Crore
• 7.62% Below Estimate
Key Observations
• Strong participation from major infrastructure players
• Significant spread between L1 and L2 (approx. ₹105 Crore difference)
• Multiple bids clustered in the -5% to -8% range
• Mix of aggressive and conservative bidding strategies observed
• Few bidders quoted above estimate, indicating cautious risk assessment
This result highlights the evolving competitive dynamics in HAM projects, where companies are balancing aggressive pricing with project risk and long-term viability.
