HG Infra Engineering Limited (HGIEL) has been declared as L-1 bidder for a contract from NTPC Limited for a new transportation project. The contract involves transportation of 26.41 lakh Cu.M. of Pond Ash from NTPC Ramagundam to the NHAI-PIUMancherial road construction project. The project involves an investment of ₹122.38 crore and requires 15 months completion period.