BSEJayant Infratech LtdMediumPositive
Announced Fri, 22 May · 16:01 IST

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform your that company received letter of acceptance from Central Railway, Bhusawal Division, for execution ....

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AI summary

Jayant Infratech Ltd has received a Letter of Acceptance from Central Railway, Bhusawal Division, for railway overhead electrification works. The contract involves design, supply, erection, testing, and commissioning of 25 KV single-phase AC OHE works including replacement of isolators with 1600 ampere capacity units, electrification of unelectrified sidings, and provision of electrification on pit lines in coaching depots. The total contract value is ₹12.02 crore (inclusive of all duties and taxes), with execution deadline set for November 2027. The company states this contract is expected to contribute to its revenue and operational growth.

Likely market impact

This is a positive development as the company secures a ₹12 crore+ railway electrification contract from Central Railway, which should provide revenue visibility through November 2027. The domestic nature of the order from Indian Railways underscores the company's focus on government infrastructure projects.