Shares of HEC Infra Projects climbed up to 5% during the intraday trading session on Friday as the leading EPC Contractor announced bagging a major order from Tata Power Solar Systems worth Rs 7.15 crore.
HEC Infra Projects shares hit an intraday high of Rs 57.5, up 4.9% from the previous closing price on the National Stock Exchange (NSE). At 03:05 pm, the stock was trading 2.19% higher at Rs 56.
In an exchange filing, HEC Infra Projects announced that it had received a work order from Tata Power Solar Systems Ltd for the supply, erection, testing, and commissioning (SETC) of a complete engineering, procurement, and construction (EPC) solution for a 66kV (kilovolt) Transmission Line in the Radhanpur region with a total cost of Rs 7.15 crore on a turnkey basis.
The micro-cap EPC Contractor company has extensive experience carrying out turnkey projects for air-insulated substations up to 220 KV, switchyards up to 220 KV, overhead transmission lines up to 220 KV, underground cable laying up to 66 KV, and SCADA systems.