Building Big: HG Infra and Kalpataru JV Emerges as L-1 Bidder for ₹14.15 Billion Project

Updated: November 21, 2025 17:18

Image Source: Upstox

HG Infra Engineering, in joint venture with Kalpataru Projects International, has been declared the L-1 bidder for a major infrastructure project valued at ₹14.15 billion. The win underscores both companies’ growing presence in India’s EPC sector, strengthening their portfolios in large-scale construction and boosting confidence in the infrastructure pipeline.

India’s infrastructure sector continues to witness momentum with HG Infra Engineering Ltd. and Kalpataru Projects International Ltd. securing a significant milestone. The joint venture has been declared the lowest bidder (L-1) for a project worth ₹14.15 billion, highlighting their competitive edge in the engineering, procurement, and construction (EPC) space.

HG Infra, known for its expertise in highways, railways, and metro projects, has consistently expanded its footprint across India. Kalpataru Projects International, with a diversified portfolio spanning power transmission, water supply, oil & gas pipelines, and urban mobility, brings complementary strengths to the partnership. Together, the JV combines technical expertise, financial strength, and execution capabilities to deliver complex projects at scale.

This achievement not only strengthens their order books but also reflects the robust demand for infrastructure development in India, particularly in transport and urban mobility. Analysts note that such large-scale wins enhance visibility for future revenues and reinforce investor confidence in the sector.

Key Highlights

Project Value: The joint venture has been declared L-1 bidder for a project worth ₹14.15 billion.
Strategic Partnership: HG Infra’s specialization in road and rail projects complements Kalpataru’s diversified EPC expertise.
Competitive Edge: Securing L-1 status demonstrates cost efficiency, strong bidding strategy, and execution credibility.
Sectoral Impact: The win reflects India’s accelerating infrastructure push, with emphasis on highways, railways, and urban mobility.
Order Book Strengthening: The project adds significant value to both companies’ order books, improving revenue visibility.
Investor Confidence: Large-scale project wins often bolster market sentiment and highlight long-term growth potential.

Closing Note

The HG Infra–Kalpataru JV’s success in clinching the L-1 bid for a ₹14.15 billion project is more than a corporate milestone—it is a testament to India’s infrastructure ambitions. With strong execution capabilities and diversified expertise, the partnership is poised to play a pivotal role in shaping the nation’s development landscape.

Sources: HG Infra Engineering, Kalpataru Projects International, Moneycontrol pdates

Stay Ahead – Explore Now! Nifty 50 Finds Its Groove—Up 0.75% in Morning Trade

STORIES YOU MAY LIKE

Image Source: EquityBulls

Arman Financial Services Eyes Fundraising via NCDs

Image Source: Voice Of HealthCare

Actimed Therapeutics Partners with Mankind Pharma for Cachexia Treatment in South Asia

Image Source: Business Upturn

Natco Pharma receives seven FDA Form 483 observations at Chennai API unit

Image Source: Gizbot Hindi

Speed demons and spec wars: Realme GT 8 Pro vs OnePlus 15 in a flagship face-off

Image Source: Times Of India

Golden Glow of Love: Smriti Mandhana and Palash Muchhal’s Haldi Ceremony Shines Bright

Breaking the Silence: Why Men Bottle Up Feelings and How to Finally Let Them Flow

Image Source : Mint

Rupee Slides To 89.45 Against Dollar; RBI Intervention Suspected

Top Searches

Suggestions

Building Big: HG Infra and Kalpataru JV Emerges as L-1 Bidder for ₹14.15 Billion Project

STORIES YOU MAY LIKE

Live Blogs

Top Stories

Building Big: HG Infra and Kalpataru JV Emerges as L-1 Bidder for ₹14.15 Billion Project

STORIES YOU MAY LIKE

Subscribe to receive the day's headlines from WOWNEWS 24X7 straight in your inbox

Live Blogs

Top Stories