Mumbai, Feb. 28 -- The project involves the construction of a new six-lane access-controlled Capital Region Ring Road, Package III, stretching from Gobindpur on NH-55 to Tangi near Bandola Toll Plaza on NH-16. The total project length stands at 40.33 km.

The project will be executed under the Hybrid Annuity Mode. While the estimated project cost is Rs 1,827.33 crore, HGINFRA's bid project cost stands at Rs 1,582.11 crore, excluding applicable GST. The construction period for the project is 910 days.

HGINFRA is an infrastructure development company. The company specialises in executing end-to-end Engineering, Procurement, and Construction (EPC) services and Hybrid Annuity Model (HAM) projects across transport infrastructure, renewable en...