Univastu India Limited has announced a major contract win, securing a ₹485.67 crore order from IRCON International Limited for the Mumbai Metro project. This significant infrastructure contract represents a comprehensive engagement covering multiple aspects of metro rail system development.

Contract Details and Scope

The order encompasses a complete range of services for the Mumbai Metro project, demonstrating the company's integrated capabilities in urban transportation infrastructure.

Service Components

The comprehensive contract includes four key service areas that showcase Univastu's end-to-end project capabilities:

• Design Services: Complete engineering and design solutions for the metro infrastructure
• Supply Operations: Procurement and supply of necessary equipment and materials
• Installation Work: On-site installation and commissioning of metro systems
• Maintenance Services: Five-year maintenance contract ensuring operational efficiency

Strategic Significance

This contract win positions Univastu as a key player in India's expanding metro rail infrastructure sector. The Mumbai Metro project represents one of the country's critical urban transportation initiatives, aimed at addressing the metropolitan area's growing mobility needs.

The inclusion of a 5-year maintenance component provides Univastu with long-term revenue visibility and establishes an ongoing relationship with IRCON International. This extended engagement period demonstrates the client's confidence in the company's technical capabilities and service delivery standards.

The order from IRCON International, a leading infrastructure development company, validates Univastu's expertise in complex urban transportation projects and strengthens its credentials for future metro rail opportunities across India.

UNIVASTU India Limited has secured a substantial contract worth ₹9 crore from the Sports Authority of Gujarat for the installation of Myrtha Pools. This significant business win marks an important milestone for the infrastructure company as it expands its footprint in the sports infrastructure development sector.

Contract Details

The comprehensive agreement encompasses the complete installation of Myrtha Pools facilities for the Sports Authority of Gujarat. The project timeline has been established at 12-18 months for full completion, indicating the substantial scope and complexity of the undertaking.

Project Significance

This contract represents a notable expansion of UNIVASTU's operations into specialized aquatic infrastructure development. The partnership with the Sports Authority of Gujarat positions the company to deliver advanced pool technology and installation services for state-level sports facilities. Myrtha Pools are known for their innovative modular construction technology, which allows for faster installation and superior performance characteristics compared to traditional pool construction methods.

Business Impact

The ₹9 crore contract adds substantial value to UNIVASTU's order book and demonstrates the company's capability to secure significant government contracts in the infrastructure sector. The extended timeline of 12-18 months provides revenue visibility for the company over the medium term, while establishing its credentials in the specialized sports infrastructure segment.

This development showcases UNIVASTU's diversification into high-value infrastructure projects and its ability to work with state government entities on specialized construction and installation projects.