H.G. Infra Engineering receives LOA for Rajasthan ITI project worth ₹241 Crore
H.G. Infra Engineering Limited has received a Letter of Award for operating and managing the ITI Bhiwadi Cluster in Rajasthan. The project, under a PPP model, has an estimated cost of ₹241 Crore, with HGINFRA's share being 17.10%. The operation and management period is 10 years.
The project value of ₹241 Crore is significant and contributes to the company's order book, potentially impacting its revenue and profitability.
The company has secured a new project, which is a positive development indicating business growth and expansion.
H.G. Infra Engineering Limited (HGINFRA) has received a Letter of Award (LOA) from the Department of Skill, Employment & Entrepreneurship, Government of Rajasthan, for the Operation and Management of the ITI Bhiwadi Cluster under Component-I of PM-SETU. The project, valued at an estimated cost of ₹241 Crore, will be executed on a Public Private Partnership (PPP) basis.
HGINFRA's share as an Anchor Industry Partner is 17.10% of the estimated cost. The company will be responsible for the operation and management of the ITI Bhiwadi Cluster for a period of 10 years.
This award follows up on an earlier announcement made on July 13, 2026. All necessary details as per SEBI regulations were previously provided on July 13, 2026.
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H.G. Infra Engineering 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 H.G. Infra Engineering Limited. Read the original for the full detail.