HEC Infra Projects Secures ₹1.65 Cr AMC Order for Water Infrastructure

Hey everyone, let’s dive into some fresh corporate news! 🚀 HEC Infra Projects Limited (HECPROJECT) has just announced a significant new work order that’s set to boost its project pipeline.

The company, known for its engineering and contracting prowess, has secured a contract worth ₹1.65 crores from the Ahmedabad Municipal Corporation (AMC). This isn’t just any order; it’s for crucial augmentation work – think upgrading and enhancing – for the Civil, Electrical, Mechanical, and Instrumentation systems at the Narol Gam water distribution station in the South Zone of AMC.

This domestic project is expected to be completed within 8 months, showcasing HEC Infra’s continued involvement in vital urban infrastructure development. It’s always good to see companies contributing to essential services like water distribution! 💧

For those keeping an eye on the market, HEC Infra Projects (HECPROJECT) was last traded at ₹157.35, seeing a 5.0% dip before the market closed. This new order, however, highlights the company’s ongoing operational activities and its ability to secure new business.

Looking ahead, HEC Infra Projects isn’t stopping here. The company has indicated plans to actively bid for similar projects in the future, targeting both private and government departments across various states. This strategic focus suggests a robust growth path in the infrastructure sector. 📈

It’s also worth noting that the company has confirmed that this order is not a related party transaction, and none of its promoters or promoter group have any interest in the awarding entity. Transparency is key! ✅

This new win reinforces HEC Infra Projects’ position in the infrastructure space and its commitment to expanding its footprint. We’ll be keeping a close watch on their progress! Stay tuned for more updates.

source: Corporate Announcement

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