Award13 Jul 2026, 02:39 pm
H.G. Infra Declared L-1 Bidder for Rajasthan ITI Upgradation
AI Summary
H.G. Infra Engineering Limited has been declared the L-1 bidder by the Department of Skill, Employment & Entrepreneurship, Government of Rajasthan. The contract involves the upgradation of Industrial Training Institutes (ITIs) under the National Scheme for ITI Upgradation in the Bhiwadi cluster. This Public Private Partnership (PPP) project has a tenure of 10 years and an estimated cost of ₹241 Crore, with H.G. Infra's share being 17.10% of the estimated cost. The company has confirmed no promoter interest in the awarding entity and that the contract does not fall under related party transactions.
Key Highlights
- H.G. Infra is L-1 bidder for Rajasthan ITI upgradation project.
- Project is under PPP mode with a 10-year execution period.
- Estimated project size is ₹241 Crore.
- H.G. Infra's share is 17.10% of the estimated cost.
- No promoter interest or related party transaction issues identified.
Price Impact
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