A B Infrabuild Limited has been awarded a significant contract valued at ₹42,68,20,821.94 for the construction of a Road Over Bridge (ROB) under the Khurdha Road Division. The project involves the construction of a bridge with multiple spans, including a 1×36.0 metre composite girder, 2×24.0 metre composite girders, 3×18.75 metre T-beam girders, and a 1×10.50 metre T-beam girder.
The contract has been awarded by East Coast Railways, Indian Railways, and is classified as a domestic entity order. The project is expected to be completed within a 24-month timeframe, adhering to the significant terms and conditions outlined in the tender documents, including the performance security clause.
The contract does not involve any related party transactions, and there is no interest from the promoter or promoter group companies in the entity to which the contract has been awarded.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).