M/s Brahmaputra Infrastructure Limited through its JV SB - BIL declared an L-1 of an total amount Rs. 114.24 Crores
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Brahmaputra Infrastructure Limited, through its joint venture SB BIL JV, has been declared L-1 (Lowest Bidder) for a railway infrastructure project worth Rs. 114.24 Crores awarded by the Jhansi Division of North Central Railway under the Gati Shakti initiative. The contract involves constructing three 2-lane Road Over Bridges (ROBs) with approaches at three level crossings on the Gwalior-Bhind, Jhansi-Gwalior, and Jhansi-Bina railway sections in Madhya Pradesh and Uttar Pradesh. The project has an execution timeline of 18 months from the date of formal award. The company's total order pipeline stands at approximately Rs. 1,500 Crores. The contract is a domestic, government-backed civil infrastructure project with no related party involvement. The formal work order is subject to completion of customary procedural and regulatory formalities.
This is a positive development as the Rs. 114.24 Cr contract represents a significant near-to-medium-term revenue addition (~7.6% of the existing order book), strengthening Brahmaputra Infrastructure's railway infrastructure portfolio and execution pipeline over the next 18 months. The contract is firm-price with defined milestones, providing revenue visibility.