The scope of the project entails doubling of track between Karanjgaon station (including) & Aurangabad station (including), as well as electrification and signaling works in connection with Aurangabad- Ankai doubling project in Nanded division of South Central Railway.

South Central Railway’s estimated cost of the project is Rs 439.59 crore and the company's bid project cost is Rs 447.11 crore. The construction period of the project is 30 months.

H.G. Infra Engineering provides engineering, procurement and construction (EPC) services on a fixed-sum turnkey basis and undertakes civil construction and related infrastructure projects in the road construction space.

The company’s consolidated net profit rose 17.3% to Rs 96.12 crore on 20% increase in net sales to Rs 954.53 crore in Q2 FY24 over Q2 FY23.

Shares of H.G. Infra Engineering gained 1.20% to end at Rs 933.50 on the BSE.