H.G. Infra Engineering Limited — New Orders, 06-02-2025: Bagging/Receiving of orders/contracts

H.G. Infra Engineering Limited has been declared as the L-1 bidder for the redevelopment of New Delhi Railway Station in a joint venture with D.E.C. Infrastructure and Projects (India) Private Limited. H.G. Infra holds a 49% share in the joint venture. The estimated project cost is ₹2,195.68 crore, and the execution period is set for 45 months. This significant contract awarded by the Rail Land Development Authority (RLDA) could enhance H.G. Infra's revenue and project portfolio, offering a positive outlook for future growth. Investors should watch closely as the project progresses, given its potential impact on the company's financial position and market reputation.