Announced Thu, 9 Jul · 15:00 IST

Brahmaputra Infrastructure emerges as L1 bidder for Rs 137.60 cr railway EPC order

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+5.8%1-day move
₹167.00
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AI summary

Brahmaputra Infrastructure Ltd, in JV with HBMCPL, emerged as the lowest bidder (L1) for a Rs 137.60 crore railway EPC contract from Northeast Frontier Railway Construction. The scope includes earthwork, bridges, a Road Over Bridge, and railway electrification on the Kokrajhar-Gelephu cross-border rail link to Bhutan, to be executed in 2 years. This is the first construction package on the 69-km corridor, announced at a total project cost of Rs 3,456 crore. Formal Letter of Acceptance is still awaited.

Likely market impact

New order adds revenue visibility; L1 status positions company for future packages on the same corridor. Formal award pending.