H G Infra Secures Landmark NH-753F Project, Paving A Faster Route For Maharashtra

Nikunj Parikh May 11, 2026 290 Views

H.G. Infra Engineering Limited (HGINFRA) has secured a Letter of Award from Welspun Enterprises Limited for constructing a 6-lane highway corridor between Pune and Shirur in Maharashtra, valued at about Rs 3,931 crore, to be executed over 36 months under an item-rate contract.

H.G. Infra Engineering Limited has notified the stock exchanges that it has received a significant highway construction order from Welspun Enterprises in Maharashtra, India. The mandate covers both a new 6-lane corridor and improvement of the existing road on a key stretch of NH-753F from Pune to Shirur.

Project Scope And Location

The project involves construction of a 6-lane, partially elevated highway corridor and upgradation of the existing road from Km 10+600 to Km 64+000, covering a minimum design length of 53.40 km on NH-753F in Maharashtra. The work aims to decongest traffic and enhance connectivity between Pune and Shirur, a growing industrial and logistics belt.

Contract Value And Timeline

The HGINFRA project cost is estimated at Rs 3,931.11 crore, excluding taxes, awarded on an item-rate basis by domestic entity Welspun Enterprises Limited. The construction period is 36 months from the date of award, positioning this as a medium-term execution pipeline addition for the company’s road and highway portfolio.

Regulatory And Corporate Disclosures

The company has disclosed the award under Regulations 30 and 51 of SEBI (LODR) Regulations, 2015, confirming that the order does not fall under related party transactions and that promoters have no interest in the awarding entity. HGINFRA has communicated that this update is for information and record of stakeholders and exchanges.

Key Highlights

Letter of Award from Welspun Enterprises Limited for NH-753F highway project in Maharashtra
Construction of 6-lane, partially elevated highway corridor plus existing road improvement between Pune and Shirur
Project length of approximately 53.40 km from Km 10+600 to Km 64+000
Order value of Rs 3,931.11 crore on item-rate basis, excluding taxes
Execution timeline of 36 months, boosting HGINFRA’s road and highway order book
Domestic contract with no related party or promoter group interest involved

Sources: Company exchange filing by H.G. Infra Engineering Limited

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