Dhara Rail Projects Secures Work Order from Ministry of Railways Valued at 63,98,227.86
Dhara Rail Projects Limited has secured a work order from the Ministry of Railways for the provision of electrical maintenance and operational services. The contract covers AC Escorting, Operation & trouble shooting duties (ACCA activities) of AC plants in AC coaches at the Primary Maintenance Depot in Vijayawada.The work order was received from the Ministry of Railways, specifically through the Senior Divisional Electrical Engineer, Electrical (Maintenance), South Central Railway, located at the DRM Office Compound, Vijayawada 520001, Krishna, Andhra Pradesh-520001, India.
The contract is designated for the Vijayawada Division and covers a period of two years. The total commercial consideration for the services amounts to 63,98,227.86, inclusive of GST.
Key details regarding the contract award are summarized below:
| Particulars | Details |
|---|---|
| Awarding Entity | Ministry of Railways, Senior Divisional Electrical Engineer, Electrical (Maintenance), South Central Railway, O/o Sr. DEE/M/ BZA, DRM Office Compound, Vijayawada 520001, Krishna, Andhra Pradesh-520001, India |
| Nature of Order | Vijayawada Division - AC Escorting, Operation & trouble shooting duties (ACCA activities) of AC plants in AC coaches of Primary Maintenance Depot at Vijayawada |
| Contract Duration | 24 Months |
| Contract Value | 63,98,227.86 (Rupees Sixty-Three Lakh Ninety-Eight Thousand Two Hundred Twenty-Seven and Eighty-six Rupees Only), inclusive of GST |
| Domestic/International | Domestic |
The contract involves providing AC Escorting, Operation & trouble shooting duties (ACCA activities) for AC plants operating within AC coaches at the Primary Maintenance Depot in Vijayawada. The company confirmed that the contract is a domestic award and does not fall within the category of related party transactions.
DHARARAIL Stock Price Movement
As of 12:39 PM, Dhara Rail Projects Limited shares are shedding 0.42% in live trading, dipping to ₹118.00. The stock sees movement on a total volume of 4,000 shares.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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