H.G. Infra Engineering Ltd receives Letter of Intent from Gujarat Urja Vikas Nigam Limited

 H.G. Infra Engineering Limited has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Ltd for 250 MW/500 MWH out of the project for setting up of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-IV) with Viability Gap Funding Support for the said project.

The contract includes the Setting up of Projects of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-IV) with Viability Gap Funding Support.

The broad consideration of the contract is 250 MW/500 MWH and will be executed in 18 months.

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