H.G. Infra Engineering has announced a major contract win, securing an order worth ₹519.33 crore from Mirzapur Thermal Energy (UP) Private Limited. The contract involves comprehensive civil and railway track work for a significant thermal power project in Uttar Pradesh, as disclosed through a regulatory filing under Regulation 30 of SEBI regulations.

Project Details and Specifications

The order pertains to a substantial 2x800 MW thermal power project located in Mirzapur, Uttar Pradesh. The comprehensive scope includes execution of civil work encompassing earthwork, bridges, and station buildings, along with P-way works for railway infrastructure development.

Scope of Work and Timeline

The contract encompasses critical infrastructure components essential for the thermal power project. The civil work involves earthwork operations, bridge construction, and development of station buildings, while the railway infrastructure component focuses on P-way works to establish necessary transportation connectivity for the facility's operations.

The project is scheduled for completion within 18 months from commencement, demonstrating the company's commitment to timely execution of large-scale infrastructure projects.

Regulatory Compliance and Project Nature

The order has been classified as a domestic contract under the Item Rate/BOQ structure. The company has confirmed that this transaction does not involve any related party arrangements and maintains arm's length dealing principles. The project represents a purely domestic infrastructure development initiative without any international components.

Strategic Significance

This substantial contract win represents a significant addition to H.G. Infra Engineering's order book and reinforces the company's established position in the power infrastructure sector. The project's strategic location in Uttar Pradesh aligns with the state's ongoing efforts to enhance power generation capacity and strengthen regional electricity infrastructure.

HG Infra Engineering Limited has submitted specifications related to International Securities Identification Numbers (ISINs) for debt securities to BSE Limited for the half year ended March 31, 2026. The submission was made on April 04, 2026, in compliance with SEBI regulations governing non-convertible securities.

Regulatory Compliance

The submission was made under Regulation 17 of SEBI (Issue and Listing of Non-Convertible Securities), Regulations, 2021, read with clause 9.1 (a) of Chapter VIII of SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/000000137 dated October 15, 2025. The filing pertains to debt securities issued through private placement basis under the applicable SEBI regulations.

Debt Securities Details

The company provided comprehensive details of its debt securities in a structured format to the exchange:

Key Features

The debt securities carry an attractive coupon rate of 8.55% per annum with interest payments made on a semi-annual basis. The securities have a tenure of three years, maturing on August 29, 2028. The entire issued amount of INR 400 crore remains outstanding, indicating no early redemptions have occurred since issuance.

Filing Process

The submission was signed by Ankita Mehra, Company Secretary & Compliance Officer (Membership No. A33288), and was digitally authenticated on April 04, 2026. Copies of the submission were also provided to National Securities Depository Limited and Central Depository Services (India) Limited as part of the regulatory filing process.