Letter of Award (LOA) received from NHDC Limited.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
B.R.Goyal Infrastructure has received a work order valued at ₹4.22 crore (inclusive of GST) from NHDC Limited, a government-owned entity. The order is for repair and recarpeting of the Barwaha–Siddhwarkut road at Omkareshwar Power Station in Madhya Pradesh. The project is to be completed within 10 months from the date of award. NHDC Limited is a domestic entity and a joint venture of NHPC and the Madhya Pradesh government. The company has confirmed there is no related party interest in the awarding entity.
This adds ₹4.22 crore of revenue visibility from a PSU client, supporting the order book, though the size is relatively modest and may not materially move the needle on financials. Government-backed orders generally carry lower counterparty risk.