HEC Infra Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts
HECPROJECT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HEC Infra Projects Limited has received a work order valued at Rs. 11.89 crores from MIS Powergrid Corporation of India Limited. The project involves design, engineering, supply, erection, testing, and commissioning work for augmenting transformation capacity at the 400/220 KV Jaipur South substation by adding 1x500 MVA transformer along with associated bays. The order is domestic, not a related party transaction, and is to be executed within 15 months. The company plans to bid for similar projects with both private and government departments in other states.
This is a positive development as the order adds to the company's order book and signals growth opportunities. For a company of HEC Infra's size, this Rs. 11.89 crore contract likely represents a meaningful portion of annual revenue.