Announced Thu, 30 Apr · 13:06 IST

NCDC - Brahmaputra JV declared L-1 of an total Contract Value Rs. 81.98 Crores.

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AI summary

Brahmaputra Infrastructure's joint venture NCDC-Brahmaputra JV has been declared L-1 (Lowest Bidder) for a railway infrastructure project worth Rs. 81.98 crores. The contract involves constructing staff quarters (196 units across Type-II, III, and IV categories), pump house, overhead water tank, deep tubewell, drainage, roads, and electrification works. The project is awarded by Northeast Frontier Railway Construction Headquarters for the Lumding-Furkating Doubling Project in Assam. The execution timeline is 18 months from the date of formal award. This is a domestic order and not a related party transaction.

Likely market impact

Winning an L-1 status for a Rs. 81.98 crore contract represents a meaningful order book addition for the company, boosting its railway construction portfolio in the northeastern region and providing revenue visibility over the next 18 months.