Shares of HG Infra Engineering were trading in the green on 5 December after the company announced receiving a letter of award from NTPC for a Rs 36.2 crore project.

In its regulatory filing, the company said that that project is for the transportation of pond ash from NTPC Ramagundam to NHAI road construction projects. The project is for a period of one year, and the project duration can be extended by another six months.

On 1 December, the company’s subsidiary, HG Varanasi -Kolkata PKG-13 Private Limited, received a financial closer letter from the National Highways Authority of India to construct a six-lane Greenfield Varanasi-Ranchi-Kolkata Highway under the Bharatmala Pariyojana in Jharkhand on hybrid annuity mode basis.

On 28 November, HG Infra received a provisional completion certificate for the rehabilitation and upgradation of Nandurbar–Praksha – Shahada–Khetia State Highway in Maharashtra.

At 1:20 pm, the shares of HG Infra Engineering were trading 0.47% higher at Rs 849.15 on NSE.