Intimation of receipt of work order
Price
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DMR Engineering Ltd has received a work order for Owner's Engineer Services (Short-term) for the 1125MW Dorjilung Hydropower Project located in Bhutan. The contract is valued at Rs. 2.59 crore (exclusive of taxes) and has a execution period of 9 months. The order has been awarded by Dorjilung Hydro Power Limited, Bhutan, making it an international engagement for engineering consultancy services. The company confirmed the order is not a related-party transaction and promoters have no interest in the awarding entity. DMR is listed on the BSE SME platform under scrip code 543410.
This is a small-to-moderate international order for the company. While it adds to the order book, investors should note that at ~Rs. 2.59 crore over 9 months, it is unlikely to materially shift the stock price on its own, though it reinforces DMR's presence in cross-border hydropower consulting.