HG Infra emerges lowest bidder for station redevelopment project worth Rs 655 crore
News: HG Infra Engineering was declared the lowest bidder by North Central Railway for redevelopment of Kanpur Central Railway Station on EPC mode. HG Infra made a bid of Rs 655.1 crore for the project vs. the estimated cost of Rs 677.3 crore
Views: This order inflow will improve revenue visibility. We highlight that, overall, the company has guided for order inflows of ~Rs 9000-10000 crore during FY23 (already secured order inflows Rs 8160 crore as of date)
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