H.G. Infra Engineering Limited has been declared a qualified bidder by REC Power Development and Consultancy Limited for the construction of new substations and associated transmission lines in Uttar Pradesh. The project involves the Build, Own, Operate, and Transfer (BOOT) model for 35 years, with transmission charges set at Rs. 450.11 Million per year. The estimated construction period for the substations is 18 months.
Major Qualification for Infrastructure Project
H.G. Infra Engineering Limited has announced its qualification as a bidder for a significant power infrastructure project. The company has been declared a qualified bidder by REC Power Development and Consultancy Limited, a wholly-owned subsidiary of REC Limited. This marks a crucial step forward in the company’s pursuit of expanding its footprint in the power transmission sector.
Project Details and Scope
The awarded contract pertains to the establishment of an Intra-State Transmission System. Specifically, it involves the construction of two key substations: the 220/132/33 kV AIS Substation at Ranipur (Mau) and the 220/132/33kV AIS Substation at Chunar (Mirzapur). The project also includes the associated transmission lines necessary for these facilities. This is a domestic project awarded under a tariff-based competitive bidding process.
Business Model and Financials
H.G. Infra Engineering Limited will undertake this project under the Build, Own, Operate, and Transfer (BOOT) model. The concession period for this project is set at 35 years. The financial implications of the contract include transmission charges amounting to Rs. 450.11 Million per year. The estimated time period for the execution of the construction phase of the order is 18 Months.
Company Confirmation
The announcement was made by the company on May 26, 2026, in compliance with regulatory requirements. H.G. Infra Engineering Limited is set to play a vital role in enhancing the power infrastructure in the state of Uttar Pradesh through this significant undertaking.
Source: BSE
