Deals23 Dec 2024, 11:47 pm
H.G. Infra Engineering Ltd Subsidiary Signs 185 MW Battery Energy Storage Purchase Agreement with NTPC Vidyut Vyapar Nigam Limited
AI Summary
H.G. Infra Engineering Limited's Wholly Owned Subsidiary, H.G. Banaskantha Bess Private Limited, has entered into a Battery Energy Storage Purchase Agreement with NTPC Vidyut Vyapar Nigam Limited. The agreement is for the procurement of 185 MW/ 370 MWH on a long-term basis. This announcement is in continuation to previous announcements dated November 22, 2024 and December 03, 2024, and is in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulations 30 and 51 and other applicable provisions.
Key Highlights
- H.G. Banaskantha Bess Private Limited, a Wholly Owned Subsidiary of H.G. Infra Engineering Limited, has entered into a Battery Energy Storage Purchase Agreement with NTPC Vidyut Vyapar Nigam Limited.
- The agreement is for the procurement of 185 MW/ 370 MWH on a long-term basis.
- This announcement is in continuation to previous announcements dated November 22, 2024 and December 03, 2024.
- The agreement is in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulations 30 and 51 and other applicable provisions.