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HILINFRA
has entered into a Contract Agreement for the operation of the Chotiya Fee plaza at km 117.150 at 2 -lane with paved shoulder of Katghora to Shivnagar in the state of Chhattisgarh. The company is scheduled to take over the Fee Plaza on October 11, 2025. The contract value of the said project is Rs 31.08 crore.
!J K Phillips LLP, a 50:50 Joint Venture between Jaykay Enterprises and Phillips Machine Tools India (a subsidiary of Phillips Corporation, USA), has received an Order/Letter of Acceptance (LOA) from Ircon International (a Navratna Company and a Govt. of India Undertaking) for a contract value of Rs 139.48 crore (including GST). LoA is for Design, Supply, Installation, Commissioning & Training of various types of plant & machineries for MSME Training Centres located at various locations in India on turnkey basis (GE-Package-2).
Quality Power Electrical Equipments' (QPEEL) material subsidiary -- Mehru Electrical and Mechanical Engineers has signed a landmark co-development agreement with Hyosung T&D India, a wholly-owned subsidiary of Hyosung Heavy Industries Corporation, Korea, for gas-insulated switchgear (GIS) instrument transformers. This milestone positions Mehru as one of the first Indian companies to co-develop GIS instrument transformer technology for global markets. The collaboration brings together Hyosung’s global leadership in advanced equipment and ecofriendly gas technologies with Mehru’s expertise in manufacturing high-voltage instrument transformers, enabling the creation of world-class GIS components designed and manufactured in India.#WatchOutFor#StockInNews#TechnicalViews#FundamentalViews#EquityResearch
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