E To E Secures ₹48 Crore Contract for Signal & Telecommunication Work from Eastern Railway
E To E Transportation Infrastructure Limited has secured a contract valued at ₹ 48,78,39,529.90 from the Eastern Railway (ER), Malda Division. The contract pertains to signal and telecommunication work involving the provision of Electronic Interlocking (EI) Systems across multiple stations in connection with the development of new crossing stations within ER's Malda Division.The order was awarded by the domestic government entity through competitive bidding, confirming the transaction is at arm’s length and does not constitute a related party deal. The work scope covers several sections, including Gangwara (GGWA) station in the Hansdiha - Prayahat section, Panjwara (PJLE) station in the Barahat Mandarhill section, Gonudham (GIF) station in the Bhagalpur - Tikani section, and Kurmahat (KUMT) station in the Hansdiha Nonihat section.
The contract specifies that the EI Systems must comply with RDSO/SPN/192/2019 and includes its latest amendments. The project is slated for completion within 12 months from the date of the Letter of Acceptance (LOA).
Key details of the transportation infrastructure work are summarized below:
| Detail | Specification |
|---|---|
| Awarding Entity | Eastern Railway, Malda Division (Domestic Government entity) |
| Contract Value | ₹ 48,78,39,529.90 (Rupees Forty-Eight Crore, Seventy-Eight Lakh, Thirty-Nine Thousand, Five hundred and Twenty-Nine Rupees and Ninety Paise only) |
| Project Duration | 12 months |
| Nature of Work | Signal & Telecommunication work involving provision of Electronic Interlocking (EI) Systems for new crossing stations |
| Transaction Status | Arm's length, non-related party transaction |
E2ERAIL Stock Price Movement
On Friday, E To E Transportation Infrastructure Limited (E2ERAIL) shares shed 1.96%, settling at ₹267.55. The stock saw a traded volume of 16,000 shares during the session.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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