E To E Transportation Infrastructure Secures ₹17.70 Crore Order from Adani Power for Overhead Electrification Works in Chhattisgarh

2 min read     Updated on 13 May 2026, 11:12 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

E To E Transportation Infrastructure Limited has received a Service Order and Purchase Order from Adani Power Limited, Raipur, valued at ₹17,70,07,366.74 (inclusive of GST) for Overhead Electrification Works of Railway Line at the Raipur Thermal Power Project, Chhattisgarh. The contract, awarded through competitive bidding on May 11, 2026, is to be executed within 12 months, with a Performance Guarantee of ₹75,00,312.15 to be submitted within 15 days. The transaction is not a related party transaction and was disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015. The company's current open order book stands at INR 670 crores inclusive of GST (INR 568 crores exclusive of GST).

powered bylight_fuzz_icon
40196537

*this image is generated using AI for illustrative purposes only.

e to e transportation infrastructure Limited has secured a Service Order (SO) and Purchase Order (PO) from Adani Power Limited, Raipur, for Overhead Electrification Works of Railway Line at the Raipur Thermal Power Project in Chhattisgarh. The orders, dated May 11, 2026, were disclosed to the National Stock Exchange of India Ltd. under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on May 12, 2026. The contract was awarded through competitive bidding and is classified as a domestic order with no related party interest.

Order Details

The following table summarises the key terms and parameters of the awarded contract:

Parameter: Details
Awarding Entity: Adani Power Limited, Raipur
Project: Overhead Electrification Works of Railway Line at Raipur Thermal Power Project, Chhattisgarh
Order Type: Service Order (SO) and Purchase Order (PO)
Contract Value (incl. GST): ₹17,70,07,366.74
Performance Guarantee: ₹75,00,312.15 (5% of contract basic value), to be submitted within 15 days
Execution Period: 12 months from the date of LOA (May 11, 2026)
Order Nature: Domestic
Related Party Transaction: No
Awarded via: Competitive Bidding

Contract Scope and Conditions

The contract encompasses the execution of Overhead Electrification Works for the Railway Line at the Raipur Thermal Power Project in Chhattisgarh. The accepted contract value is ₹17,70,07,366.74 (Rupees Seventeen Crore, Seventy Lakh, Seven Thousand, Three Hundred Sixty-Six Rupees and Seventy-Four Paise) inclusive of GST. As per the contract terms, E To E Transportation Infrastructure is required to submit a Performance Guarantee of ₹75,00,312.15 — representing 5% of the contract basic value — within 15 days. The project is to be completed within 12 months from the date of the Letter of Award.

The company has confirmed that neither the promoter nor the promoter group nor any group companies hold any interest in Adani Power Limited, and the transaction is not classified as a related party transaction. The order was secured through a competitive bidding process, underscoring the arm's length nature of the engagement.

Order Book Position

Following the addition of this contract, the company's current open order book stands at INR 670 crores inclusive of GST (INR 568 crores exclusive of GST), reflecting the scale of ongoing project commitments across its operations.

The disclosure was made pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, and in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The filing was signed by Srilakshmi Surendran, Company Secretary and Compliance Officer, from Bangalore.

Historical Stock Returns for E to E Transportation Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-4.79%+1.60%+49.28%-17.57%-17.57%-17.57%

Could this contract with Adani Power serve as a stepping stone for E To E Transportation Infrastructure to secure additional electrification projects within Adani's broader power and logistics network?

How might the successful execution of this 12-month overhead electrification project impact E To E Transportation Infrastructure's ability to compete for larger railway infrastructure contracts in India?

Given the company's current order book of ₹670 crores, what is the realistic revenue recognition timeline, and could order book growth accelerate amid India's expanding thermal power and railway infrastructure investments?

E to E Transportation Infrastructure
View Company Insights
View All News
like19
dislike

E To E Transportation Infrastructure Secures ₹43,54,68,635.45 Signalling & Telecommunication Contract from Eastern Railway

1 min read     Updated on 10 May 2026, 04:54 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

E To E Transportation Infrastructure Limited received a Letter of Acceptance on May 08, 2026, from Eastern Railway's Sealdah Division for signalling and telecommunication works worth ₹43,54,68,635.45. The project involves supply, installation, testing, interlocking, and commissioning of electronic interlocking systems at multiple locations and is to be completed within 15 months. A performance guarantee of ₹2,17,73,431.77, representing 5% of the contract value, is to be submitted within 21 days of the LOA. The company's open order book currently stands at INR 646 crores inclusive of GST (INR 547 crores exclusive of GST).

powered bylight_fuzz_icon
39914682

*this image is generated using AI for illustrative purposes only.

e to e transportation infrastructure Limited has received a Letter of Acceptance (LOA) dated May 08, 2026, from Eastern Railway (ER), Sealdah Division, for a signalling and telecommunication works contract. The award follows the company's earlier intimation dated April 23, 2026, wherein it was declared the lowest bidder (L1) for the project. The contract was awarded by a domestic government entity through competitive bidding and does not constitute a related party transaction.

Contract Scope and Key Details

The contract entails the supply of materials, installation, testing, interlocking, and commissioning of indoor and outdoor signalling equipment with electronic interlocking. Specifically, the work covers electronic interlocking at Majerhat, Brace Bridge, and Nangi stations, along with Dual MSDAC with Electronic Interlocking in connection with automatic signalling work between MILE5B and Budge Budge of the Sealdah Division of Eastern Railway, under a Two Packet System.

The following table summarises the key parameters of the awarded contract:

Parameter: Details
Awarding Entity: Eastern Railway (ER), Sealdah Division
Nature of Contract: Works contract – Supply, Installation, Testing, Interlocking & Commissioning of Signalling Equipment
Contract Value: ₹43,54,68,635.45
Performance Guarantee: ₹2,17,73,431.77 (5% of contract value, payable within 21 days from LOA date)
Project Completion Period: 15 months from the date of LOA (May 08, 2026)
Domestic/International: Domestic
Related Party Transaction: No

Performance Guarantee and Compliance

As per the contract terms, E To E Transportation Infrastructure is required to submit a performance guarantee equivalent to 5% of the contract value, amounting to ₹2,17,73,431.77, within 21 days from the date of the LOA. The disclosure has been made pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the relevant SEBI circular.

Order Book Position

Following this contract win, the company's current open order book stands at INR 646 crores inclusive of GST (INR 547 crores exclusive of GST), reflecting its growing presence in the railway signalling and infrastructure segment.

Historical Stock Returns for E to E Transportation Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-4.79%+1.60%+49.28%-17.57%-17.57%-17.57%

How does E To E Transportation Infrastructure plan to finance the ₹2.17 crore performance guarantee, and could this strain its working capital given the 21-day deadline?

With an open order book of ₹646 crores, what is the company's current execution capacity and could it face resource constraints in delivering multiple projects simultaneously within their respective timelines?

How might the successful completion of this Eastern Railway contract influence E To E Transportation Infrastructure's eligibility and competitiveness for larger-scale railway signalling tenders in the future?

E to E Transportation Infrastructure
View Company Insights
View All News
like18
dislike
1 Year Returns:-17.57%