StockWatch
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Civil Construction
Deals11 Aug 2026, 06:20 pm

H.G. Infra Engineering Secures Rajasthan Govt Project Worth ₹241 Crore

AI Summary

H.G. Infra Engineering Limited has received a Letter of Award (LOA) from the Department of Skill, Employment & Entrepreneurship, Government of Rajasthan. The project involves the operation and management of ITI of Bhiwadi Cluster under Component-I of PM-SETU (Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs). The estimated project cost is ₹241 Crore, with HGINFRA acting as an Anchor and Industry Partner for a 10-year management period. This award follows a previous announcement on July 13, 2026, and aligns with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • H.G. Infra Engineering awarded a new project by Rajasthan Government.
  • Project value estimated at ₹241 Crore for 10 years.
  • Company to operate and manage ITI of Bhiwadi Cluster.
  • This is a Public Private Partnership (PPP) project.