HEC Infra Projects Limited Wins Rs 48 Crore Order for Bharat Petroleum Corporation's Pipeline Project

HEC Infra Projects Limited Wins Rs 48 Crore Order for Bharat Petroleum Corporation's Pipeline Project

HEC Infra Projects Limited Wins Rs 48 Crore Order for Bharat Petroleum Corporation's Pipeline Project​

HEC Infra Projects Limited has secured a work order valued at Rs 48 crores from M/S Bharat Petroleum Corporation Limited (BPCL). The contract pertains to the construction of a 66KV Switchyard for the Capacity Augmentation Project of the Vadinar-Bina Crude Pipeline.

The award marks a significant milestone for HEC Infra Projects Limited, strengthening its visibility in the power transmission sector. BPCL, described as one of India's leading Public Sector Undertakings (PSUs) in the energy sector, is the entity that awarded the project. The company stated that this assignment enhances its track record in the field.

The contract details confirm that the work involves a domestic entity and has been awarded to HEC Infra Projects Limited.

Key terms of the order are provided below:

DetailInformation
Awarding EntityM/S Bharat Petroleum Corporation Limited
Nature of Contract66KV Switchyard for the Capacity Augmentation Project of the Vadinar-Bina Crude Pipeline
Order SizeRs 48 crores
Execution Period9 months
Order TypeDomestic

HECPROJECT Stock Price Movement​

On Friday, HEC Infra Projects Limited shares edged higher to settle at ₹139.91, gaining 0.86% in the previous trading session. The stock saw a volume of 32,813 shares traded during the day, which closed above its daily low of ₹135.68.
 

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