Key Quantitative Figures
The contract involves a 17.10% share of an estimated project cost of ₹241 crore.
Parties Involved
- Awarding entity: Department of Skill, Employment & Entrepreneurship, Government of Rajasthan
- Recipient entity: H.G. Infra Engineering Limited (HGINFRA)
- Compliance officer: Ankita Mehra, Company Secretary & Compliance Officer
Project Details
- Project: Upgradation of Industrial Training Institutes (ITIs) under the National Scheme for ITI Upgradation
- Location: Bhiwadi cluster, Rajasthan
- Nature: Public Private Partnership (PPP) mode
- Scope: Domestic contract awarded by domestic entity
Related Party Considerations
- Promoter/promoter group/group companies have no interest in the entity that awarded the contract
- The order does not fall within related party transactions
Financial Impact
The company will receive a 17.10% share of the ₹241 crore project value over the 10-year contract period.