Recieved LOA of an total amount Rs. 68.91 Crores from Water Resource Department , Assam
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Brahmaputra Infrastructure Ltd has received a Letter of Award valued at Rs. 68.91 Crores from the Water Resources Department, Assam. The contract involves underwater and above-water riverbank protection works in the Jorhat subproject (covering Sivasagar, Jorhat, and Golaghat districts) under the Asian Development Bank-funded Climate Resilient Brahmaputra Integrated Flood and Riverbank Erosion Risk Management Project. The work will be executed on an EPC basis over a 30-month period. The order has been awarded by a domestic government entity, and there is no related party interest involved.
This is a sizeable government order from a state water resources department funded by ADB, which strengthens the company's order book and provides revenue visibility over the next 30 months. For a small-cap infrastructure company, this win signals strong business traction and is likely to be viewed positively by the market.