A B Infrabuild Limited has informed the Exchange about Awarding of order(s)/contract(s)
ABINFRA · price
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A B Infrabuild Limited has received a Letter of Acceptance from East Coast Railways, Indian Railways for the construction of a Road Over Bridge (ROB) at railway Km 641/19-21, replacing level crossing No. 341 between Jhudpudi and Sompeta stations in Odisha under the Khurda Road Division. The contract value is approximately Rs. 55.26 crores (Rs. 55,26,31,365.74). The project involves building a composite girder and RCCT-beam girder structure with a 24-month completion timeline. The order is from a domestic government entity, and there is no related party involvement or promoter interest in the awarding entity.
This government order adds to the company's order book and provides revenue visibility over the next 24 months. For a relatively small listed company, a Rs. 55+ crore railway order is a meaningful win that could positively influence investor sentiment and support future revenue growth.