Dhara Rail Projects Limited Secures Rs 3.68 Crore Work Order from Ministry of Railways
Dhara Rail Projects Limited (DRPL) has secured a significant work order from the Ministry of Railways for electrical maintenance and refitting services. The contract, awarded for work at the Mechanical Workshop in Gorakhpur, amounts to Rs 3,68,85,549.52, including GST.The newly awarded contract involves the 'Maintenance, Stripping & Refitting of Electrical Items of Non-AC LHB Coaches' at the CW Shop within the Mechanical Workshop, Gorakhpur. The agreement covers a service period spanning two years.
According to the project details, the order is domestic in nature and was awarded by the Ministry of Railways, specifically the Dy. Chief Electrical Engineer/WS, CW-WSHOP-GKP-ELECTRICAL MECHANICAL WORKSHOP, N.E. RAILWAY GORAKHPUR, 273012 Uttar Pradesh, India.
The key commercial and operational details of the contract are as follows:
| Detail Category | Description | Value/Timeline |
|---|---|---|
| Work Order Value | Total Commercial Consideration (including GST) | Rs. 3,68,85,549.52 |
| Scope of Work | Maintenance, Stripping & Refitting of Electrical Items of Non-AC LHB Coaches at CW Shop for 02 years in Mechanical Workshop, Gorakhpur | N/A |
| Client Entity | Ministry of Railways Dy. Chief Electrical Engineer/WS, CW-WSHOP-GKP-ELECTRICAL MECHANICAL WORKSHOP, N.E. RAILWAY GORAKHPUR | Domestic |
| Contract Duration | Time period associated with the order | 24 Months |
The service contract remains within the purview of non-related party transactions, ensuring the work is executed by a domestic entity.
DHARARAIL Stock Price Movement
Today, Dhara Rail Projects Limited shares edged higher to close at ₹117.9, gaining 3.33% in after-hours trading. The stock saw a trading volume of 10,000 shares today, contributing to the upward momentum.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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