E To E Transportation wins ₹216.40 crore railway contract
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?































