GHV Infra Projects Limited has announced securing a major Engineering, Procurement and Construction (EPC) contract worth USD 90.25 million from Ductor Americas Inc., marking a significant expansion into the renewable energy sector in the United States. The contract involves the development of a Renewable Natural Gas (RNG) and Fertilizer Project located in Versailles, Ohio, USA.

Contract Details and Scope

The comprehensive EPC contract encompasses a wide range of services for the DUCTOR RNG Project, designated as "DRAKE". The project scope includes design, engineering, procurement, construction, installation, commissioning, testing, and related services for the complete development of the project facility.

Project Significance

The DUCTOR RNG Project represents GHV Infra Projects Limited's entry into the renewable natural gas sector, a growing segment within the clean energy industry. The project will involve the construction of facilities capable of producing renewable natural gas and fertilizer, contributing to sustainable energy solutions in the Ohio region.

Commercial and Regulatory Aspects

The contract value of USD 90.25 million translates to approximately INR 840 crores, representing a substantial addition to the company's order book. The company has confirmed that this contract does not involve any related party transactions and that promoter groups have no interest in the awarding entity, Ductor Americas Inc.

Timeline and Execution

The project completion period is set at 737 days, approximately 24 months from the contract commencement. This timeline encompasses all phases of the project from initial design and engineering through final commissioning and testing of the renewable natural gas and fertilizer production facility.

The announcement was made through a regulatory filing under SEBI Regulation 30, emphasizing the material nature of this contract for GHV Infra Projects Limited's business operations and future growth prospects in the renewable energy infrastructure sector.

GHV Infra Projects has strengthened its position in the rail infrastructure sector by securing two major contracts worth a combined ₹216 crore for Car Shed expansion projects. The company has bagged infrastructure development orders for both Sanpada and Kalwa Car Shed capacity expansion initiatives, demonstrating its growing capabilities in large-scale rail transportation projects.

Latest Sanpada Contract Award

The company has formally received a work order worth ₹111 crore from GHV (India) Private Limited for construction of various infrastructural development works for expansion of capacity of Car Shed at Sanpada. This latest contract, announced through a regulatory filing, requires completion within 24 months from the date of commencement and excludes GST from the stated value.

Dual Contract Portfolio Overview

Combined with the previously secured Kalwa Car Shed expansion project worth ₹105 crore, GHV Infra Projects now holds a substantial portfolio of rail infrastructure contracts. Both projects involve comprehensive infrastructural development works and are structured with identical 24-month completion timelines from their respective commencement dates.

Related Party Transaction Framework

Both contracts represent related party transactions conducted on an arm's length basis due to the interconnected ownership structure between the contracting entities. Mr. Jahidmohmed Vijapura, who serves as a deemed promoter of GHV Infra Projects Limited, holds the position of designated partner in JHV Commercials LLP, which maintains a major stake in the company. Additionally, Mr. Vijapura functions as both a director and shareholder of GHV (India) Private Limited, the entity awarding both contracts.

Strategic Business Impact

These substantial orders collectively worth ₹216 crore reinforce GHV Infra Projects' expanding presence in the rail infrastructure development sector. The dual Car Shed expansion projects will contribute to enhanced transportation infrastructure capacity in the Mumbai metropolitan region. The synchronized 24-month execution timelines provide substantial revenue visibility over the next two years and demonstrate the company's capability to manage multiple large-scale infrastructure assignments simultaneously in the rapidly growing rail transportation sector.