HG Infra Engineering Limited has announced the establishment of a wholly-owned subsidiary, H.G. Clean Energy Solutions Private Limited, marking its strategic entry into the renewable energy sector. The new entity, incorporated on November 20, 2025, aims to focus on solar, green hydrogen, and battery energy storage systems.

Key Details of the New Subsidiary

Strategic Implications

The formation of this subsidiary represents HG Infra Engineering's strategic expansion into the growing renewable energy sector. By venturing into clean energy solutions, the company aims to diversify its portfolio and potentially capitalize on the increasing demand for sustainable energy technologies.

Financial Commitment

HG Infra Engineering has made an initial investment of ₹15.00 lakh in the new subsidiary, demonstrating its commitment to this new venture. This investment covers the entire subscribed capital of H.G. Clean Energy Solutions Private Limited.

Regulatory Compliance

The company has duly informed the stock exchanges about this development, in compliance with Regulations 30 & 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The incorporation of the subsidiary is considered a related party transaction, as disclosed in the company's filing.

Future Outlook

While the newly formed subsidiary is yet to commence business operations, its focus on solar, green hydrogen, and battery storage solutions positions it at the forefront of emerging clean energy technologies. The impact of this venture on HG Infra Engineering's overall business performance remains to be seen as the subsidiary begins its operations.

HG Infra Engineering Limited has announced a significant addition to its project portfolio, securing a ₹274.11 crore contract from DLF Cyber City Developers Limited. This development marks a notable expansion in the company's order book and underscores its growing presence in the infrastructure sector.

Contract Details

The newly awarded contract involves executing 'Infrastructure (Access Road Network) works' at the DLF Downtown, Phase-2 project located in Sector-25A, Gurugram, Haryana. Here are the key details of the project:

It's worth noting that the contract value excludes taxes, with GST and Labour Cess to be applied as applicable.

Project Significance

This contract win is significant for HG Infra Engineering for several reasons:

1. Revenue Growth: The ₹274.11 crore project will contribute to the company's revenue pipeline.
2. Portfolio Diversification: By working with DLF Cyber City Developers, HG Infra Engineering expands its client base in the private sector.
3. Strategic Location: The project's location in Gurugram, a key business hub, may open doors for future opportunities in the region.

Company Disclosure

In compliance with SEBI regulations, HG Infra Engineering has promptly disclosed the contract details to the stock exchanges. The company confirmed that the contract is domestic in nature and does not involve any related party transactions.

Market Implications

For investors and market watchers, this contract win signals HG Infra Engineering's continued growth trajectory and its ability to secure high-value projects. The infrastructure sector remains a critical focus area for both public and private investments in India, and companies like HG Infra Engineering are well-positioned to benefit from this trend.

As the company embarks on this new project, stakeholders will likely keep a close eye on its execution capabilities and the potential impact on its financial performance in the coming quarters.