HGINFRANSEH.G. Infra Engineering LimitedMediumPositive
Announced Mon, 13 Apr · 18:00 IST

H.G. Infra Engineering Limited has informed the Exchange regarding 'H.G. Infra Engineering Limited has received an Order from Mirzapur Thermal Energy (UP) Private Limited'.

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AI summary

H.G. Infra Engineering Limited has received a Rs. 519.33 crore order from Mirzapur Thermal Energy (UP) Private Limited for execution of civil works (earthwork, bridges, station buildings) and P-way works for railway infrastructure at a 2x800 MW thermal power project in Mirzapur, Uttar Pradesh. The project has an 18-month construction period. This is a domestic order awarded under Item Rate/BOQ mode. The company confirmed no related party transaction or promoter interest in the awarding entity.

Likely market impact

This Rs. 519.33 crore order represents a significant contract win for H.G. Infra, adding to the company's order book. For shareholders, this provides revenue visibility over the next 18 months and strengthens the company's position in the infrastructure execution space, particularly in thermal power-linked railway projects.