HEC Infra Projects Secures ₹21.70 Crore Water Infrastructure Contract in Ahmedabad
HEC Infra Projects has been awarded a ₹21.70 crore contract by the Ahmedabad Municipal Corporation for a water infrastructure project. The project involves upgrading an existing water distribution station and constructing a new 5 Lakh Liter capacity Elevated Storage Reservoir. The contract has a 36-month timeline for completion. This project enhances HEC Infra Projects' order book and strengthens its position in the water infrastructure sector.

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HEC Infra Projects has clinched a significant water infrastructure project from the Ahmedabad Municipal Corporation, marking a notable development in the company's project portfolio. The contract, valued at ₹21.70 crore, encompasses crucial upgrades to the city's water distribution system.
Contract Details
The newly acquired project involves two main components:
- Upgrading an existing water distribution station
- Constructing a new 5 LL (Lakh Liter) capacity Elevated Storage Reservoir (ESR)
This initiative is poised to enhance Ahmedabad's water infrastructure, potentially improving water distribution efficiency and storage capacity in the city.
Project Timeline
HEC Infra Projects has been given a substantial timeframe to execute this project:
Aspect | Detail |
---|---|
Duration | 36 months |
Start Date | To be determined |
Expected Completion | Within 3 years from project commencement |
The extended timeline suggests the complex nature of the work involved, allowing for thorough implementation of the upgrades and new construction.
Implications for HEC Infra Projects
This contract represents a significant addition to HEC Infra Projects' order book. The ₹21.70 crore project not only boosts the company's revenue prospects but also strengthens its position in the water infrastructure sector. It demonstrates the company's capability to secure and handle substantial municipal projects, which could potentially lead to similar opportunities in the future.
The successful execution of this project could enhance HEC Infra Projects' reputation in the infrastructure development space, particularly in water management systems. It also aligns with the growing focus on improving urban infrastructure across Indian cities.
As the project unfolds, stakeholders will likely keep a close watch on HEC Infra Projects' progress, given the critical nature of water infrastructure in urban development. The company's performance in this project could influence its future prospects in the competitive infrastructure sector.
Historical Stock Returns for HEC Infra Projects
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.15% | -3.43% | -3.16% | +57.79% | +52.55% | +578.99% |