Dhruv Consultancy wins Rs 14.85 Cr road supervision order in Gujarat

Govt Defence OrderBusiness Updates View source PDF Explain this filing

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AI summary

Dhruv Consultancy Services has received a Letter of Acceptance from the Ministry of Road Transport and Highways, Gujarat Regional Office, for consultancy services as Authority Engineer. The contract covers supervision of upgradation to two-lane with paved shoulders on NH-754k (Dholavira-Mauvana-Vauva-Santalpur Section, Package-II) in Gujarat on EPC mode. Total contract value is Rs. 14.85 crores excluding GST. Project duration is 84 months. Company must furnish performance security within 21 days of LOA.

Likely market impact

Positive - Rs. 14.85 Cr government order provides long-term revenue visibility for 7 years from a central ministry client.