H.G. Infra Engineering Limited has been declared as successful bidder by the REC Power Development and Consultancy Limited

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Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹603.25

prior close

₹602.60

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.6%-2.1% vs market

Civil Construction peers, median of 100sector-1.6%-1.1% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.1 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 100Pending

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AI summary

H.G. Infra Engineering Limited has been declared as a successful bidder by REC Power Development and Consultancy Limited (a wholly owned subsidiary of REC Limited) to establish an Inter-State Transmission System for the 'WR-ER Inter-Regional Network Expansion Scheme – Part C' in Jharkhand. The company will operate under a Build, Own, Operate and Transfer (BOOT) model for 35 years as a Transmission Service Provider. The project is to be executed within 30 months and will generate annual transmission charges of Rs. 1145.34 Million. This is a domestic order awarded through tariff-based competitive bidding.

Likely market impact

This contract represents a new long-term revenue stream for the company over 35 years, providing visibility of steady cash flows. The project execution timeline of 30 months will contribute to near-term order book growth.