HEC Infra Projects Bags Rs. 2.5 Cr Ahmedabad Water Project 💧

Big news from HEC Infra Projects Limited (HECPROJECT)! The company has just announced a significant new work order, signaling a positive step for its operations and future growth.

HEC Infra Projects has secured a contract worth Rs. 2.50 crores from the Ahmedabad Municipal Corporation. This isn’t just any project; it’s focused on crucial infrastructure work: the augmentation of SITC (Supply, Installation, Testing, and Commissioning) of Electrical, Mechanical, and Instrumentation systems.

Where will this work take place? At existing water distribution stations in Kiranpark Wadaj and Ankur Naranpura within Ahmedabad’s West Zone. This project is set to be completed within an 8-month timeframe.

For HEC Infra Projects, this order is more than just revenue; it’s a strategic move. The company sees this as an opportunity to elevate its standing and is already eyeing similar projects in the future, not just with government bodies but also with private entities across various states. This indicates a clear vision for expanding its footprint in the infrastructure sector.

It’s also worth noting that the company has confirmed that this order is a straightforward business transaction. There’s no interest from promoters or the promoter group in the awarding entity, and it doesn’t fall under the purview of related party transactions. This transparency is always a good sign for investors.

This new contract highlights HEC Infra Projects’ role in developing essential urban infrastructure. Keep an eye on HECPROJECT as they continue to build on this momentum! ✨

source: Corporate Announcement

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