H.G. Infra Engineering Limited (HGINFRA) has been declared a qualified bidder by REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, for a key intra-state transmission infrastructure project in Uttar Pradesh.
The awarded projects involve the construction of 220/132/33 kV AIS substations at Ranipur in Mau district and Chunar in Mirzapur district, along with their associated transmission lines. The projects will be developed under the Build, Own, Operate and Transfer (BOOT) model for a concession period of 35 years.
According to the company’s regulatory filing, the transmission projects are to be executed within 18 months. The projects are expected to generate annual transmission charges of approximately ₹450.11 million.
The company further clarified that the contract has been awarded by a domestic entity and does not fall under related party transactions. HGINFRA also confirmed that neither the promoter nor promoter group companies have any interest in the awarding entity.
The announcement was made through an official stock exchange filing submitted by H.G. Infra Engineering Limited on May 26, 2026.
