GPT Iinfra Bags Order Valued At INR 815 Million
GPT Infraprojects Limited (GPT) had announced that the company has bagged an order valued at INR 1598.1 million, the company share being 51%. The contract details are hereunder: -
Name of the entity awarding the contract: Office of the General Manager/Con., Northeast Frontier Railway, Maligoan, Guwahati
Nature of contract: Construction of substructure of Bridge No - 134 and Chum test of piles of Bridges No 148, 169A, 169B, 169C, 171, 172 & 174 including other ancillary works in connection with the construction of New BG line from Jiribam to Imphal (Manipur) Project in NF Railway.
Completion period: 10 months
Size of contract: INR 1598.1 million, GPT’s Share being INR 815.0 million
The interest of Promoter / Promoter Group / Group Companies: Nil
Whether contract would fall under Related Party Transactions: No
Significant terms and conditions of the Order: This Contract is in Joint Venture in the name GPTBhartia (JV) of which GPT’s share is 51%.
- Issued By:NORTHEAST FRONTIER RAILWAY
- Bagged By:
- Region:Eastern India
- Value:INR 815 Million
- Published On:2018-11-24