Monarch Surveyors wins Rs 51.20 Cr Southern Railway order
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Monarch Surveyors secured a Rs 51.20 crore order from Southern Railway for traffic surveys, final location surveys, and preparing Detailed Project Reports for new Broad Gauge lines, doubling, and multi-tracking projects. The contract was awarded by the Chief Administrative Officer/Construction, Southern Railway, Egmore, Chennai. The work is to be completed within 36 months from the date of issuance of the Letter of Acceptance, subject to necessary government approvals. The order strengthens the company's infrastructure consultancy portfolio in railway planning and engineering.
Positive — adds a sizeable government railway contract to the order book, improving revenue visibility over the next 36 months.