H.G. Infra Engineering receives LOI from REC Power for ₹1,000 Crore transmission project
H.G. Infra Engineering Limited received a Letter of Intent from REC Power Development and Consultancy Limited on June 13, 2026. The LOI is for an Inter-State Transmission system project in Jharkhand, awarded through a tariff-based competitive bidding process.
The LOI signifies a new project for the company, contributing to its order book and future revenue, but the exact financial value is not disclosed in this announcement.
The company has received a Letter of Intent, which indicates a potential new order and business opportunity.
H.G. Infra Engineering Limited (HGINFRA) has received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited on June 13, 2026. This LOI is for establishing an Inter-State Transmission system for the "WR -ER Inter - Regional Network Expansion Scheme – Part C" through a tariff-based competitive bidding process in the state of Jharkhand.
The company had previously announced related details on May 27, 2026. This development is a significant step for HGINFRA in the power transmission sector.
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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.