M/s Brahmaputra Infrastructure Limited has declared an L-1 and recieved an fresh order of an total amount Rs. 46.62 Crores work.
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Brahmaputra Infrastructure Ltd has been declared L-1 (lowest bidder) and received a Letter of Acceptance for a Rs. 46.62 Crore contract from NFR HQ-ENGG/N FLY (Northeast Frontier Railway). The project involves construction of a Road Over Bridge (ROB) in lieu of Level Crossing No. NC-5 between Rangapani and New Jalpaiguri stations in the New Jalpaiguri-Aluabari Section. The execution timeline is 18 months. The order has been awarded by a domestic government entity, with no promoter group interest or related party involvement.
This is a meaningful new order win for the company from a government railway entity, adding to its order book and providing revenue visibility over the next 18 months. Positive for the stock in the short term, though actual execution and revenue recognition will depend on project progress.