HEC Infra Projects Secures ₹16.35 Crore Work Order for BESS Project
HEC Infra Projects Limited received a work order worth ₹16.35 crores from Advait Greenergy Private Limited. The project involves electrical and civil work for a 60MW/115.37 MWh BESS project. Execution is expected within 12 months. This order is seen as a significant step for future growth.
The value of the order (₹16.35 crores) is material for the company and contributes to its order book, indicating business expansion and potential for future growth in the renewable energy sector.
The company has secured a new work order, which is viewed as a positive development that will help the company grow and explore future opportunities.
HEC Infra Projects Limited has announced the receipt of a significant work order valued at ₹16.35 crores from M/S Advait Greenergy Private Limited. This project entails the supply, erection, testing, and commissioning of all Balance of System (BOS) items for electrical and civil work on a Delivery at Place (DAP) basis. The work is for a 220 KV Radhanpur Substation in Patan district, supporting a Battery Energy Storage System (BESS) project with a capacity of 60MW / 115.37 MWh.
The company views this order as a crucial step towards growth, enabling them to reach the next level. HEC Infra Projects Limited plans to bid for similar projects in the future, targeting both private and government departments across various states. The company has confirmed that none of its promoters or promoter group have any interest in M/S Advait Greenergy Private Limited, and the award does not constitute a related party transaction. The execution period for this order is 12 months.
This new contract is expected to open up significant opportunities in the renewable energy sector, aligning with the company's strategic objectives.
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HEC Infra Projects Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by HEC Infra Projects Limited. Read the original for the full detail.