NewsOrders & DealsMonarch Surveyors Secures Two Major Contracts: Rs 41.43 Crore for Somanath Dwarka Expressway and Rs 6.19 Crore for Jammu-Katra Railway LineMonarch Surveyors Secures Two Major Contracts: Rs 41.43 Crore for Somanath Dwarka Expressway and Rs 6.19 Crore for Jammu-Katra Railway Line
Monarch Surveyors & Engg. Consultants has received Letters of Acceptance for two significant contracts. The first is for consulting services on the Somanath Dwarka Expressway project, valued at Rs 41.43 crore. The second involves a final location survey and detailed project report for a new railway line between Jammu Tawi and Shri Mata Vaishno Devi Katra, worth Rs 6.19 crore. Both projects are set to commence immediately and are expected to positively impact the company's operations.
*this image is generated using AI for illustrative purposes only.
Monarch Surveyors & Engg. Consultants has announced two significant developments in its business operations. The company has received Letters of Acceptance for two separate contracts, further solidifying its position in the infrastructure development sector.
Somanath Dwarka Expressway Contract
The first contract details are as follows:
| Aspect | Details |
|---|---|
| Project | Somanath Dwarka Expressway |
| Package | Package 3: Rajkot to Dwarka section |
| Contract Value | Rs 41.43 crore |
| Nature of Work | Consulting services for land acquisition activities |
| Commencement | Immediate, as per contract terms |
Jammu-Katra Railway Line Contract
The second contract involves:
| Aspect | Details |
|---|---|
| Project | Additional New Broad Gauge Railway Line |
| Route | Between Jammu Tawi and Shri Mata Vaishno Devi Katra railway stations |
| Contract Value | Rs 6.19 crore |
| Nature of Work | Final location survey, geological studies, traffic survey, techno-economic studies, design of railway alignment, and preparation of detailed project report |
| Commencement | Immediate, with completion timeline as per contract terms |
Project Significance
Both contracts mark substantial milestones for Monarch Surveyors & Engg. Consultants. The company expects these developments to have a positive impact on its business operations. The projects involve cash consideration and are subject to necessary approvals from governmental authorities.
Regulatory Compliance
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Monarch Surveyors has disclosed this information to the BSE Limited. The company has confirmed that these transactions do not involve any related party dealings, ensuring transparency in its operations.
Company Background
Monarch Surveyors & Engg. Consultants, formerly known as Monarch Surveyors and Engineering Consultants Private Limited, is headquartered in Pune, Maharashtra. The company specializes in surveying and engineering consultancy services, with these new contracts further strengthening its position in the infrastructure development sector.
These projects align with the ongoing infrastructure development initiatives in India, particularly in the expansion and improvement of the country's expressway network and railway system. The Somanath Dwarka Expressway and the additional railway line between Jammu Tawi and Shri Mata Vaishno Devi Katra, once completed, are expected to enhance connectivity and contribute to regional economic growth.
