Deals12 Aug 2025, 07:30 pm
Gujarat Industries Power Company Ltd Awards Contracts Worth Rs. 2025 Crores to H. D. Enterprises
AI Summary
Gujarat Industries Power Company Ltd has awarded contracts worth approximately Rs. 2025 Crores to H. D. Enterprises, Vadodara. The contracts include a turnkey mining contract for removal of overburden, raising, crushing, and transportation of 250 mm size lignite from Valia Mine to Power Plant, re-handling of overburden dump at Valia Mine, and re-handling of lignite at SLPP Power Plant. The contracts are domestic and the significant terms and conditions include a broad commercial consideration of approximately Rs. 2025 Crores.
Key Highlights
- Gujarat Industries Power Company Ltd awards contracts worth approximately Rs. 2025 Crores to H. D. Enterprises
- Contracts include a turnkey mining contract for removal of overburden, raising, crushing, and transportation of 250 mm size lignite from Valia Mine to Power Plant
- Re-handling of overburden dump at Valia Mine and re-handling of lignite at SLPP Power Plant also included
- Contracts are domestic with a broad commercial consideration of approximately Rs. 2025 Crores
- The contracts are in compliance with SEBI Listing Regulations and SEBI circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11* November, 2024