Dhruv Consultancy Services Limited has informed the Exchange regarding 'Regulation 30 Project Updates '.
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Dhruv Consultancy Services has been allotted two expressway projects by the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), a state government body. The projects are: (1) the Jhansi Link Expressway connecting the Bundelkhand Expressway to BIDA and the Jhansi Defence Corridor, and (2) the Ganga Expressway from Prayagraj to Rewa (NH-30 Link). The company will serve as Project Development & DPR (Detailed Project Report) Consultant on a unit lane length basis, at a fee of Rs. 50,000 per lane km (excluding GST). The assignment has a 10-month execution timeline. This is a follow-up to the consultancy agreement signed earlier, referenced in their letter dated 17th May 2025.
This is a positive development as it secures a new government-backed infrastructure consultancy order, strengthening the company's order book. However, the per-lane-km pricing structure means the actual revenue impact depends on the total lane length of both expressways, which is not disclosed. Shareholders should monitor for further updates on project scale and execution.