HECPROJECTNSEHEC Infra Projects LimitedMediumPositive
Announced Thu, 21 Aug · 12:05 IST

HEC Infra Projects Limited has informed the Exchange about Awarding of order(s)/contract(s)

Business Updates View source PDF

HECPROJECT · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

HEC Infra Projects has received a work order worth Rs. 7.15 crores from M/S Advait Energy Transitions Limited for a battery energy storage system (BESS) project. The scope includes designing, installation, testing, and commissioning of a 185 MW BESS with a 220 KV substation at Charal, Sanand GIDC, GETCO 400 KV substation in Gujarat. The execution timeline is 12 months, and the order is purely domestic. The company also indicated plans to bid for similar energy storage and power projects with both private and government clients in other states.

Likely market impact

This is a positive development as it adds to the company's order book in the high-growth energy storage segment. While the absolute value of Rs. 7.15 crores is modest, the project strengthens HEC Infra's presence in the BESS space and could lead to larger follow-on orders given management's stated focus on this sector.