H.G. Infra Engineering Limited announced that letters of award have been issued by Jodhpur Vidyut Vitran Nigam Limited to Stockwell Solar Services Private Limited JV Consortium with H.G. Infra Engineering Limited (the "Company" or "HGINFRA") for four projects of Solar Business. Significant terms and conditions of order(s)/contract(s) awarded in brief: 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 33 KV 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-49 Total Solar Plant Capacity 36.72 MW (AC). Tentative Estimated construction/development cost INR 1,560 million (Including GST).

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 33 KV 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-61 Total Solar Plant Capacity 93.08 MW (AC). Tentative Estimated construction/development cost INR 3,960 million (Including GST). 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 33 KV 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-62 Total Solar Plant Capacity 73.96 MW (AC).

Tentative Estimated construction/development cost INR 3,140 million (Including GST). 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 33 KV 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-66 Total Solar Plant Capacity 37.76 MW (AC). Tentative Estimated construction/development cost INR 1,600 million (Including GST).

The projects 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. Whether order(s) /contract(s) have been awarded by domestic/international entity: Domestic Nature of order(s) /contract(s): H.G. Infra Engineering Ltd. (along with Stockwell Solar Services Private Limited) scope of work will for Engineering, Procurement and Construction (EPC) and commissioning of Solar Power Plant. Time period by which the order(s)/contract(s) is to be executed: 12 Months.