HG Infra Secures Major Power Transmission Project In Jharkhand, Boosting Infra Portfolio

Strategic Win In Power Transmission

HG Infra Engineering Ltd has been declared the successful bidder by REC Power Development and Consultancy Ltd (RECPDCL) for developing an inter-state transmission system in Jharkhand. This marks a significant entry into a high-value power infrastructure segment.

Project Scope And Financials

The project involves establishing critical transmission infrastructure to support regional electricity flow and grid stability. The awarded tariff stands at Rs 1,145.34 million per annum, ensuring long-term revenue visibility once the asset becomes operational.

Growth Implications For HG Infra

This win strengthens HG Infra’s position beyond roads and EPC into the power transmission space. It aligns with India’s ongoing push for grid expansion and renewable energy integration, offering the company diversification and stable annuity-like income streams.

Key Highlights

1. HG Infra Engineering declared successful bidder by REC Power Development and Consultancy
2. Project involves inter-state transmission system in Jharkhand
3. Annual transmission charges fixed at Rs 1,145.34 million
4. Strengthens company’s presence in power infrastructure segment
5. Enhances long-term revenue visibility and order book diversification

Sources: BSE Filings, REC Power Development and Consultancy Ltd, Company Disclosures