H.G. Infra Engineering Limited announced that a letter of award has been issued by Jodhpur Vidyut Vitran Nigam Limited to Stockwell Solar Services Private Limited Consortium with H.G. Infra Engineering Limited (the "Company" or "HGINFRA") for the project of Solar Business. Significant terms and conditions of order: Design, survey, supply, installation, testing, commissioning, operation & maintenance for 25 years (unless extended by both the parties on mutual agreement) from Commercial Operation Date (COD) of grid connected solar power plant(s) through RESCO mode, its associated 33KV line/11 KV line (as applicable) to connect the various plant(s) with corresponding 33/11 KV GSS and Remote Monitoring System (RMS) of solar power plant(s) for solarisation of agriculture consumers connected on 11 KV feeders of the GSS, under KUSUM Scheme ­ Component C (Feeder Level Solarisation) in JDVVNL against TN-DSM-54. Total Solar Plant Capacity 125.72 MW (AC).

The project will be implemented by a separate entity(ies) (`Project Company') incorporated/to be incorporated by Stockwell Solar Services Private Limited and H.G. Infra Engineering Limited directly or through its subsidiaries. The scope of work of H.G. Infra Engineering Limited (along with Stockwell Solar Services Private Limited) will be Engineering, Procurement and Construction (EPC) and commissioning of Solar Power Plant. Time period: 12 Months.

Tentative Estimated construction/development cost INR 5,340 million (Including GST).