H.G. Infra Engineering Limited has informed the Exchange regarding 'Declaration of Appointed date by Rail Land Development Authority (RLDA)'.
HGINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
H.G. Infra Engineering, in a joint venture with D.E.C. Infrastructure and Projects (India) Pvt. Ltd., has received the appointed date declaration from Rail Land Development Authority (RLDA) for the redevelopment of New Delhi Railway Station and associated infrastructure on EPC mode. The bid project cost is Rs 2,195.68 crore with a 45-month construction period. The appointed date is August 06, 2025, marking the formal start of the project execution timeline. This follows earlier announcements from February 2025 regarding the project's award.
This is a major government infrastructure order worth over Rs 2,195 crore, likely contributing significantly to the company's order book and providing revenue visibility for the next ~4 years. Positive for stock sentiment as it confirms formal project commencement and locks in a large-scale railway infrastructure win.