H.G. Infra Engineering Acquires WR ER Part C Power Transmission

H.G. Infra Engineering Ltd has executed a Share Purchase Agreement (SPA) with REC Power Development and Consultancy Limited to acquire 100% equity shares of WR ER Part C Power Transmission Limited. This acquisition, finalized on June 30, 2026, is a Special Purpose Vehicle (SPV) for an inter-state transmission system project. The target entity has an authorized and paid-up share capital of ₹500,000/- and was incorporated on November 06, 2025, with no prior turnover. The acquisition aligns with H.G. Infra's strategic objective to expand its presence in the power transmission sector and was undertaken pursuant to a Letter of Award for the project. The consideration was cash, with the cost of acquisition being ₹500,000/-.