HEG subsidiary Replus wins Rs 217 crore Indus Towers order
In short
HEG said its unit Replus Engitech won a Rs 217 crore order from Indus Towers. The order is for lithium-ion battery banks.
This matters because it gives the HEG arm new business and links it to telecom infrastructure. The delivery schedule and other contract details were not stated.
What the reporting says
HEG said its subsidiary Replus Engitech received a Rs 217 crore order from Indus Towers for lithium-ion battery banks. The publisher summary does not say when deliveries start, how long the contract lasts, or whether the order changes guidance. The immediate consequence is a new business win for the HEG arm and a supply arrangement tied to telecom infrastructure, but the full commercial terms were not stated.
Why it matters
HEG announced that its subsidiary Replus Engitech received a Rs 217 crore order from Indus Towers for lithium-ion battery banks. The announcement points to fresh revenue potential for the subsidiary and a new supply link with a major telecom infrastructure company. The reporting does not state delivery timing, order duration, margins, or broader financial impact.