HG Infra Engineering share price added 3 percent in the early trade on March 19 after the company joint venture (JV) bagged an order worth Rs 1,026 crore for four projects of solar business.
At 9.38 am, HG Infra Engineering was quoting at Rs 919.20, up Rs 25.75, or 2.88 percent, on the BSE.
Jodhpur Vidyut Vitran Nigam Limited has awarded four contract to the joint venture (JV) consortium of HG Infra Engineering along with Stockwell Solar Services Private Limited, for four grid connected solar power plants with total capacity of 203.76 MW (AC).
The projects will be implemented by a separate entity(ies) incorporated/to be incorporated by Stockwell Solar Services Private Limited and HG Infra Engineering directly or through its subsidiaries.
The work is engineering, procurement and construction (EPC) and commissioning of solar power plant and to be completed in 12 months.
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Last week, the company received a letter of acceptance from the East Central Railway for a Rs 709.11-crore project and also received the letter of award from the National Highways Authority of India (NHAI) for the project worth Rs 862.11 crore.
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