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 worth Rs. 8.23 crores from M/S Stellar Manufacturers Private Limited. The order is for design, engineering, supply, erection, testing and commissioning work for 66 kV Switchyard materials supply and erection at Mudarda Village plant, Fanidhar Food Park, Mehsana. The project has a execution timeline of 7 months. The company confirms this is not a related party transaction and that no promoters have interest in the awarding entity. The company plans to bid for similar projects with private and government departments in other states.
This order represents a positive development for the company, demonstrating continued business acquisition. Without knowing the company's total revenue, it's unclear if this order exceeds 5% of annual revenue, but any new contract provides operational visibility and revenue pipeline for the next 7 months.