B.R.Goyal Infrastructure , a prominent player in the infrastructure sector, has announced a significant development in its project portfolio. The company has secured a substantial work order valued at 1.26 billion rupees (₹125.85 crore) from the Public Works Region, Nashik, marking a notable achievement in its business operations.

Project Details

The newly acquired project involves the improvement and widening of the Adgaon Girnare Waghera Harsul Ozarkhed Road (SH 28) in Maharashtra. Specifically, the work will focus on two sections of the road:

1. Kilometer 27/700 to 36/00
2. Kilometer 48/00 to 83/200

This strategic infrastructure development is set to take place in the Trimbakeshwar Taluka of Nashik District, potentially enhancing connectivity and transportation in the region.

Contract Specifics

According to the company's disclosure to the BSE Limited, the key aspects of the contract are as follows:

Impact and Outlook

This new work order represents a significant addition to B.R. Goyal Infrastructure's project pipeline. The substantial value of the contract is likely to contribute positively to the company's order book and potentially its future revenue streams.

The project is domestic in nature, aligning with India's focus on enhancing its road infrastructure. The 18-month execution period suggests a medium-term engagement that could provide steady work and cash flow for the company during this period.

Regulatory Compliance

In compliance with regulatory requirements, B.R. Goyal Infrastructure Limited has promptly disclosed this information to the stock exchanges. The disclosure was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has confirmed that this contract does not fall under related party transactions, and there is no interest from the promoter, promoter group, or group companies in the awarding entity.

B.R.Goyal Infrastructure Limited (BRGIL) has announced a significant new contract win, bolstering its order book and market position in the infrastructure sector.

Contract Details

BRGIL has secured a work order from the National Highways Authority of India (NHAI) valued at ₹47.83 crore. This contract involves the engagement of a user fee collection agency for the Khambara Fee Plaza, located at Design Km 71.050 of the Nagpur-Seonar-Betul section in Maharashtra.

Scope of Work

The company's responsibilities under this contract include:

• User fee collection at the Khambara Fee Plaza
• Upkeep and maintenance of adjacent toilet blocks
• Replenishing consumable items

Contract Duration and Value

Market Impact

The news of this contract has positively impacted BRGIL's market standing:

Company Background

B.R. Goyal Infrastructure Limited, headquartered in Indore, Madhya Pradesh, is a key player in the infrastructure development sector.

Conclusion

This new NHAI contract underscores B.R. Goyal Infrastructure's continued momentum in securing valuable projects and its strong position in the infrastructure sector. As the company executes this project over the coming year, investors and industry observers will likely keep a close watch on its performance and potential for further contract wins.