E To E Transportation wins ₹216.40 crore railway contract

1 min read     Updated on 28 May 2026, 01:30 PM
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E To E Transportation Infrastructure Limited secured an EPC contract worth ₹2,16,40,00,498.37 from South Central Railway for track tripling and electrification between Srikalahasti and Renigunta stations in Andhra Pradesh. The project, executed via joint venture JSR ETIL JV, includes signalling and telecommunication works and must be completed within 24 months. A performance guarantee of ₹10,82,00,024.92 is required within 30 days.

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E To E Transportation Infrastructure Limited has secured a significant Engineering, Procurement, and Construction (EPC) contract worth ₹2,16,40,00,498.37 from South Central Railway. The project, awarded through competitive bidding, entails the tripling of tracks between Srikalahasti and Renigunta stations in Andhra Pradesh, encompassing electrification, signalling, telecommunication works, and power system augmentation. The order is to be executed through a joint venture, JSR ETIL JV, within a period of 24 months from the Letter of Acceptance date of May 26, 2026.

The scope of work includes the tripling of the Gudur-Renigunta section within the Guntakal division. This involves the augmentation of 1X25kv TSS/SP/SSP to suit the three-line configuration. The contract was awarded by a domestic government entity and is not a related party transaction, being conducted at arm's length.

Contract Details

The agreement stipulates specific financial and performance obligations. A performance guarantee equivalent to 5% of the contract value, amounting to ₹10,82,00,024.92, must be submitted within 30 days. The entire project value is approximately ₹216.40 crore, excluding the paise component.

Particulars Details
Client South Central Railway
Contract Value ₹2,16,40,00,498.37
Performance Guarantee ₹10,82,00,024.92 (5% of contract value)
Execution Period 24 months
Nature of Entity Domestic Government

The disclosure was made to the National Stock Exchange of India Ltd. (NSE Emerge) on May 27, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Srilakshmi Surendran, the Company Secretary and Compliance Officer, confirmed that the promoters and group companies hold no interest in the awarding entity, South Central Railway, which operates under the Ministry of Railways.

Historical Stock Returns for E to E Transportation Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-2.99%-11.31%-7.46%-25.87%-25.87%-25.87%

How will the 24-month execution timeline impact E To E Transportation Infrastructure's working capital requirements and debt levels?

What are the revenue recognition milestones for this project, and when will the financial impact begin reflecting in the company's earnings?

Does this contract position the joint venture favorably for future railway infrastructure tenders under the National Rail Plan?

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E To E Transportation wins ₹34.44 crore railway contract

1 min read     Updated on 23 May 2026, 04:47 PM
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E To E Transportation Infrastructure Limited has received a Letter of Acceptance from Rail Vikas Nigam Limited for a signaling and telecommunication contract worth ₹34.43 crore. The project involves work across five stations in Madhya Pradesh and must be completed within 36 months. The company's total open order book now stands at ₹763 crore inclusive of GST.

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e to e transportation infrastructure has secured a Letter of Acceptance from Rail Vikas Nigam Limited for a railway signaling and telecommunication project. The contract, dated May 18, 2026, and received on May 22, 2026, entails the design, supply, installation, testing, and commissioning of outdoor signal and telecommunication works. The project scope covers the section from Mangliyagaon to Kheri, including the provision of Electronic Interlocking at five stations: Mangliyagaon, Pannod, Semaliyachau, Chapda, and Kheri. This work is part of the new single broad gauge rail line between Indore and Budni in Madhya Pradesh.

The total contract value is ₹34,43,73,518.27. The company is required to submit a performance guarantee of 5% of the contract value, amounting to ₹1,45,92,100.00, within 28 days. The order was awarded by a domestic government entity through competitive bidding and is not a related party transaction.

Contract Details

The following table outlines the key financial and operational parameters of the awarded contract:

Particulars Details
Client Rail Vikas Nigam Limited
Contract Value ₹34,43,73,518.27
Performance Guarantee ₹1,45,92,100.00
Execution Period 36 months
Nature of Order Works contract – Design, Supply, Installation, testing & commissioning

The project must be executed within 36 months from the date of receipt of the Letter of Acceptance. The company stated that this transaction is conducted at arm's length length.

Order Book Position

With the addition of this new contract, the company's current open order book stands at ₹763 crore inclusive of GST, or ₹647 crore exclusive of GST. This recent award strengthens the company's portfolio in the railway infrastructure sector.

Historical Stock Returns for E to E Transportation Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
-2.99%-11.31%-7.46%-25.87%-25.87%-25.87%

How might E to E Transportation Infrastructure's growing order book of ₹763 crore position it for larger RVNL or Indian Railways contracts in the next fiscal year?

What is the likelihood of E to E Transportation Infrastructure securing additional signaling contracts along the broader Indore-Budni rail corridor as the project progresses?

Could the successful execution of this Electronic Interlocking project open doors for the company to bid on more technologically advanced signaling systems like KAVACH under Indian Railways' expansion plans?

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