HEC Infra Projects Limited has informed the Exchange about Awarding of order(s)/contract(s)
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Awaiting price reaction for this filing.
HEC Infra Projects Limited has received a work order valued at Rs. 3.08 crores from Ahmedabad Municipal Corporation. The order is for augmentation work covering Supply, Installation, Testing & Commissioning (SITC) of Electrical, Mechanical & Instrumentation works at two existing water distribution stations in Ahmedabad's West Zone — Gitabaug Paldi and Niyojannagar Manekbaug. The project is domestic in nature and is to be completed within 8 months. The company confirmed that no promoter or related party has any interest in the awarding entity, and the order is not a related party transaction. Management indicated plans to bid for similar projects with private and government departments in other states going forward.
This is a modest government order (under Rs. 5 crores) for the company, adding to its order book in the water infrastructure segment. It signals continued traction in municipal projects but is unlikely to be a major stock-moving event on its own; shareholders should watch for execution and follow-on orders.