Latest news with #H.G.InfraEngineeringLimited
Business Upturn
12 hours ago
- Business
- Business Upturn
H.G. Infra secures LOI from PFC Consulting for Interstate transmission project in Odisha
H.G. Infra Engineering Limited (HGINFRA) has received a Letter of Intent (LOI) from PFC Consulting Limited for the development of an interstate transmission system in Odisha. The project is part of the Eastern Region Generation Scheme – I (ERGS-I) and will be implemented through a tariff-based competitive bidding process. The scope of the project involves acting as the transmission service provider (TSP) for setting up the required infrastructure under the ERGS-I scheme. The initiative aims to strengthen power transmission capacity and improve interconnectivity in the eastern region. In the exchange filing, the company shared, 'H.G. Infra Engineering Limited (the 'Company' or 'HGINFRA') has received Letter of Intent (LOI) from PFC Consulting Limited for transmission service provider to establish Inter State Transmission system for 'Eastern Region Generation Scheme – I (ERGS-I)' through tariff based competitive bidding process in the state of Odisha.' PFC Consulting Limited, a wholly owned subsidiary of Power Finance Corporation, is the nodal agency responsible for coordinating such transmission initiatives under the Ministry of Power. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
21-04-2025
- Business
- Business Upturn
H.G. Infra Engineering wins 300 MW battery storage project from Gujarat Urja Vikas Nigam
H.G. Infra Engineering Limited (HGINFRA) recently informed exchanges that the company has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for a major battery energy storage project. As part of GUVNL's ambitious plan to enhance energy infrastructure in Gujarat, HGINFRA will be involved in setting up 300 MW/600 MWh of Standalone Battery Energy Storage Systems (BESS) out of the larger 500 MW/1000 MWh capacity tender. This project is being executed under Phase-VI of the Tariff-Based Global Competitive Bidding process. This contract award highlights HGINFRA's growing presence and expertise in renewable energy and energy storage solutions. The project, which is entirely domestic in nature, aims to strengthen Gujarat's power grid by integrating sustainable energy storage solutions that will support better energy management and grid stability. Advertisement Under the terms of the agreement, the execution timeline for the 300 MW/600 MWh battery storage system is set at 24 months. This development marks a step forward in India's efforts to enhance energy storage capacity, with GUVNL leading the way in facilitating large-scale storage solutions within the domestic market.
