HG Infra Engineering incorporates HG Rewari bypass SPV
The bid price of the project is Rs 522.02 crore
HG Infra Engineering has incorporated a wholly owned subsidiary company HG Rewari Bypass on 1 May 2020, as special purpose vehicle (SPV) to undertake roadway project.
The scope of work involves construction of proposed Rewari bypass (NH-11) as feeder route in Rewari district in Haryana (design length -14.40 km) on hybrid annuity mode (HAM).
The bid price of the project is Rs 522.02 crore with completion period of two years.
HG Rewari Bypass has an authorised capital of Rs 15,00,000 and issued capital of Rs 15,00,000.