HEC Infra Projects Secures Rs 44.87 Crores Work Order from MIS POWERGRID BIKANER IV TRANSMISSION LIMITED
HEC Infra Projects Limited has secured a work order valued at Rs 44.87 crores from MIS POWERGRID BIKANER IV TRANSMISSION LIMITED, a subsidiary of Power Grid Corporation of India Limited. The contract involves the augmentation of transformation capacity at the 400/220 kV Bikaner-IV SIS facility.The project includes the upgrade of facilities and implementation of line bays for power infrastructure enhancement. Specifically, the scope involves the Augmentation of transformation capacity at 400/220 kV Bikaner-IV by 2x500 MVA, along with associated bays and the implementation of three nos. of 220 kV line bays.
The work order, awarded by a domestic entity, is scheduled for execution over a period of 15 months. The transaction has been executed on an arm's length basis, and no conflict of interest was identified concerning the promoters or promoter group in relation to the awarding entity.
Key project details are summarized below:
| Parameter | Details |
|---|---|
| Awarding Entity | MIS POWERGRID BIKANER IV TRANSMISSION LIMITED (100% wholly owned subsidiary of Power Grid Corporation of India Limited) |
| Project Scope | Augmentation of transformation capacity at 400/220 kV Bikaner-IV SIS by 2x500 MVA, 400/220kV ICT and implementation of 3 nos. of 220 kV line bays. |
| Order Value | Rs.44.87 crores |
| Execution Period | 15 months |
| Nature of Entity | Domestic |
HECPROJECT Stock Price Movement
On Friday, HEC Infra Projects Limited shares surged to close at ₹121.93, gaining 3.03% in the trading session. The stock saw a volume of 9,702 shares during the day's activity.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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