RPP Infra Projects Limited has announced a significant business win, securing a ₹134.21 crore contract from the Maharashtra State Industrial Development Corporation (MSIDC) for a road improvement project in Maharashtra. This development marks a substantial addition to the company's order book and underscores its growing presence in the infrastructure sector.

Contract Details

The company received a Letter of Acceptance (LOA) for the project, which involves the improvement of the Matheran Neral Kalamb road (SH-109) from Km 0/00 to 20/400, and the Lobhyanchiwadi Sugve Pimpaloli Neral road (MDR 104) from Ch. 3/00 to 14/00 in Karjat Taluka, Raigad District, Maharashtra. The project is to be executed on an Engineering, Procurement, and Construction (EPC) basis.

Project Scope and Timeline

The scope of work includes road improvement and associated infrastructure development. According to the contract terms, RPP Infra Projects is required to complete the project within 12 months from the commencement date.

Financial Impact

This new order significantly boosts RPP Infra Projects' order book. The contract value of ₹134.21 crore represents a substantial project for the company and is expected to contribute positively to its revenue stream over the coming year.

Management Statement

A. Nithya, Whole Time Director and CFO of RPP Infra Projects Limited, confirmed the contract win in a regulatory filing. The company views this project as an important step in strengthening its position in the infrastructure development sector, particularly in Maharashtra.

Company Overview

RPP Infra Projects Limited is an infrastructure development company with a focus on civil construction projects. The company has been actively participating in various infrastructure projects across India, including road construction, building works, and industrial structures.

This latest contract win demonstrates RPP Infra Projects' continued ability to secure significant projects in the competitive infrastructure sector. As the company moves forward with this new project, stakeholders will be keenly watching its execution and the potential impact on the company's financial performance in the coming quarters.

RPP Infra Projects Limited has announced a major business development, securing a substantial contract from Bharat Heavy Electricals Limited (BHEL). The company has been awarded a project for the fabrication and supply of structures, valued at ₹1,125.94 crore.

Contract Details

This significant contract win represents a notable achievement for RPP Infra Projects, potentially boosting its order book and future revenue prospects. The project's extended timeline of 60 months suggests a steady workflow and revenue stream for the company over the next five years.

Impact on RPP Infra Projects

The contract's substantial value of ₹1,125.94 crore is likely to have a positive impact on RPP Infra Projects' financial outlook. This project could contribute significantly to the company's top-line growth and potentially improve its market position in the infrastructure sector.

Collaboration with BHEL

Securing a contract from Bharat Heavy Electricals Limited, a renowned public sector engineering and manufacturing company, underscores RPP Infra Projects' capabilities in the fabrication and supply of structures. This collaboration with BHEL may open doors for future opportunities and strengthen the company's reputation in the industry.

As RPP Infra Projects embarks on this new venture, stakeholders will be keen to observe its execution capabilities and the project's impact on the company's overall performance in the coming years.