H.G. Infra Engineering Secures L-1 Bid for Metro Project
Filing Summary
H.G. Infra Engineering Limited, in a joint venture with Kalpataru Projects International Limited, has been declared the L-1 bidder by Maharashtra Metro Rail Corporation Limited. The project involves the design and construction of an elevated metro viaduct spanning 20.527 kilometers for the Thane Integral Ring Metro Project. The estimated project cost is INR 1424 Crore, with a bid project cost of INR 1415 Crore. H.G. Infra holds a 40% share in the joint venture, and the construction period is set for 36 months.
H.G. Infra Engineering Limited (HGINFRA), in collaboration with Kalpataru Projects International Limited, has been declared the L-1 bidder by the Maharashtra Metro Rail Corporation Limited. This joint venture was announced on November 21, 2025, under the compliance regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The project involves the design and construction of an elevated metro viaduct with a length of 20.527 kilometers. This includes the UG Ramp and Balkum Naka, along with the Depot Approach Viaduct and three special spans for the Thane Integral Ring Metro Project. The estimated project cost is INR 1424 Crore, while the bid project cost is INR 1415 Crore. The construction period for this project is set at 36 months.
In this joint venture, H.G. Infra Engineering Limited holds a 40% share, while Kalpataru Projects International Limited holds a 60% share. The project will be executed under the Engineering, Procurement, and Construction (EPC) mode. The order has been awarded by a domestic entity, and it does not involve any related party transactions.
Kalpataru Projects International Limited is involved in infrastructure development, focusing on large-scale projects across various sectors. The company engages in strategic collaborations to enhance its project portfolio and expand its operational capabilities.
H.G. Infra Engineering Limited specializes in infrastructure development, particularly in the construction of roads, highways, and bridges. The company focuses on expanding its project portfolio through strategic joint ventures and collaborations, aiming to enhance its presence in the infrastructure sector.