Shares of Brahmaputra Infrastructure Limited may remain in focus after the company announced that it has secured a Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for a project in Assam and Meghalaya.
The project, valued at Rs 16.94 crore, involves construction works along the four-laning stretch of the Jorabat-Shillong (Barapani) section of NH-40 (New NH-6), spanning from km 0.000 to km 61.800.
The scope of work includes the construction of rainwater drainage at the 13th Mile near CASFOS, Byrnihat, development of a steel footpath along Bridge No. 59/4, installation of foot overbridges (FOBs) at multiple locations, service road construction, truck lay-by facilities, and street lighting along the project highway.
The company stated that the project will be executed under the Engineering, Procurement and Construction (EPC) mode and must be completed within 12 months.
In its stock exchange filing, Brahmaputra Infrastructure highlighted that the project is a domestic order and does not fall under related party transactions.
This order win further strengthens the company’s presence in infrastructure development projects across the northeastern region of India.
