E To E Transportation Declared L1 for ₹48 Crore Railway Signal and Telecommunication Project
E To E Transportation Infrastructure Limited has been declared the lowest bidder (L1) by Eastern Railway, Malda Division, for a significant contract involving Electronic Interlocking (EI) systems. The work centers on improving infrastructure across several stations in the Malda Division of Eastern Railway.The contract encompasses specialized Signal and Telecommunication work, specifically focusing on the provision of EI systems as per RDSO/SPN/192/2019 with the latest amendments. The project involves four key stations: Gangwara (GGWA) in the Hansdiha - Prayahat section; Panjwara (PJLE) in the Barahat Mandarhill section; Gonudham (GIF) in the Bhagalpur - Tikani section; and Kurmahat (KUMT) in the Hansdiha Nonihat section. This contract is part of the development of new crossing stations within the Eastern Railway’s Malda Division.
The project, which is a domestic order from Indian Railways (ER), carries a total value of ₹ 48,78,39,529.90. The execution timeline for the contract is set at 12 months from the date of the Letter of Award (LOA).
Key details of the awarded contract are summarized below:
| Particulars | Details |
|---|---|
| Awarding Entity | Eastern Railway, Malda Division |
| Nature of Contract | Signal and Telecommunication work involving provision of Electronic Interlocking (EI) Systems |
| Project Scope | Development of new crossing stations at GGWA, PJLE, GIF, and KUMT in Malda Division |
| Contract Value | ₹ 48,78,39,529.90 |
| Execution Timeline | 12 months from the date of LOA |
The contract was awarded by the domestic entity Eastern Railway (ER), which is a government entity under the Ministry of Railways. The transaction does not constitute a related party transaction, as ER is not a related party to the company.
E2ERAIL Stock Price Movement
As of 1:50 PM in live trading, shares of E To E Transportation Infrastructure Limited gain ground, rising 1.06% and currently resting at ₹287 after moving up by ₹3.00. The stock trades today against a daily range that spans from a low of ₹278, with 13,600 shares recorded in the traded volume.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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