Deals22 Apr 2025, 12:52 am
H.G. Infra Engineering Qualified as Bidder for 300 MW/600 MWH Battery Energy Storage Systems Project in Gujarat
AI Summary
H.G. Infra Engineering Limited has been declared as a qualified bidder by the Gujarat Urja Vikas Nigam Ltd for the project of 500 MW/1000 MWh for setting up of Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-VI). The project size is 300 MW/600 MWH, and it is a domestic order awarded by a domestic entity. The trading window for dealing in the securities of the company is closed for all designated persons and their immediate relatives till 48 hours after the declaration of Audited Financial Results of the Company for the quarter and year ended 31% March 2025.
Key Highlights
- H.G. Infra Engineering qualified as a bidder for 300 MW/600 MWH Battery Energy Storage Systems project in Gujarat.
- The project is awarded by the Gujarat Urja Vikas Nigam Ltd under Tariff-Based Global Competitive Bidding (Phase-VI).
- The project size is 500 MW/1000 MWh, out of which 300 MW/600 MWH is awarded to H.G. Infra Engineering.
- The order is a domestic award by a domestic entity.
- The trading window for dealing in the securities of the company is closed for all designated persons and their immediate relatives.