The companies were chosen as the top bidders in a competitive tender on both technical and commercial grounds.
This is the second straight month of excellent increase in Q2 FY25, demonstrating the company's sustained success in toll collecting.
H.G. Infra Engineering Limited (HGIEL) is an Indian infrastructure company that focusses on roads, highways, and bridges.
Company’s year-to-date order intake exceeds ₹11,300 Crore, representing a 75% increase over the previous year.
The projects, granted through the Engineering, Procurement, and Construction (EPC) system, include road widening and shoulder paving.
For more than four decades, Wabag has built and operated water and waste-water treatment plants in Saudi Arabia.
The agreement allows RVNL and Patel Engineering to collaborate on specific hydro and infrastructure projects as opportunities arise.
NLCIL's solar project is expected to create approximately 1,300 Crore units of green power and offset 90 lakh tonnes of carbon emissions.
H.G. Infra Engineering shares have increased up to 87% in 2024, compared to the benchmark Nifty50's 14% return during the same period.
The company intends to raise funds through a variety of means, including a private placement, one or more qualified institutional placements.
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