Mumbai, April 14 -- The scope of work includes civil construction (earthwork, bridges, and station buildings) and permanent way (P-way) works for railway infrastructure development. The contract is awarded on an item rate/BOQ basis and is to be executed within 18 months.

The order has been awarded by a domestic entity. The promoter/promoter group has no interest in the awarding entity, and the contract does not fall under related party transactions.

H.G. Infra Engineering (HGIEL) is an Indian road infrastructure company engaged in the business of Engineering, Procurement, and Construction (EPC) services and maintenance of roads, bridges, flyovers, and other infrastructure contract works.

On a consolidated basis, the company's net profi...