The Company has informed the exchange about the Receipt of EPC Contract from Ductor Americas Inc. worth Rs. 840 Crore Appx.
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GHV Infra Projects Limited has secured an Engineering, Procurement and Construction (EPC) contract from Ductor Americas Inc. for developing a Renewable Natural Gas (RNG) and Fertilizer Project named DRAKE, located in Versailles, Ohio, USA. The contract value is approximately USD 90.25 million, equivalent to Rs. 840 Crore. The scope of work includes design, engineering, procurement, construction, installation, commissioning, testing, and related services. The project is scheduled to be completed in approximately 24 months (737 days). This is a significant international contract for the company, representing export earnings in hard currency (USD).
This contract is highly positive for shareholders as it represents a large international EPC win worth Rs. 840 Crore, likely to significantly boost the company's order book and revenue over the next 2 years. Being denominated in USD also provides currency upside exposure.