HEC Infra Projects Secures Rs 3.08 Crore Order from Ahmedabad Municipal Corporation

HEC Infra Projects Limited (NSE: HECPROJECT) has announced the receipt of a significant work order valued at Rs 3.08 crore from the Ahmedabad Municipal Corporation. The announcement, made on June 30, 2025, details a domestic contract that underscores the company’s continued involvement in critical infrastructure projects.

The contract specifically involves the augmentation work of SITC (Supply, Installation, Testing, and Commissioning) of Electrical, Mechanical & Instrumentation works for existing water distribution stations. These stations are located at Gitabaug, Paldi, and Niyojannagar, Manekbaug, all within the West Zone.

The project is slated for completion within an 8-month timeframe, reflecting the company’s commitment to timely execution. HEC Infra Projects Limited expressed optimism regarding this order, stating that it will help elevate the company to the ’next level’ given the ‘huge opportunities’ in this sector. The company also indicated plans to pursue similar projects from both private and government departments across various states in the future.

In line with regulatory requirements, HEC Infra Projects Limited confirmed that neither its promoters nor the promoter group hold any interest in the Ahmedabad Municipal Corporation, ensuring that the order does not fall under the purview of related party transactions.

At the time of the announcement, HECPROJECT’s share price remained unchanged at 0.0%, indicating no immediate market reaction, possibly due to the announcement being made outside market hours.

source: Corporate Announcement

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