E To E Transportation Infrastructure Declared Lowest Bidder for Eastern Railway Signaling Works
E To E Transportation Infrastructure Limited has been declared the lowest bidder (L1) by the Eastern Railway's Sealdah Division for a major signaling and telecommunication project. The contract involves comprehensive works between MILE5B of the Sealdah Division, covering the Two Packet System area.The awarded contract focuses on the supply of materials, installation, testing, interlocking, and commissioning of both Indoor and Outdoor Signalling Equipments, along with Electronic Interlocking. The work is situated at Majerhat, Brace Bridge, Nangi, and Dual MSDAC, forming part of the Automatic Signalling Work.
This work falls within the normal scope of business operations for E To E Transportation Infrastructure Limited. The contract is a domestic works agreement awarded by the Eastern Railway (ER).
Key details regarding the contract are as follows:
| Detail | Description |
|---|---|
| Awarding Entity | Eastern Railway (ER), Sealdah Division |
| Nature of Contract | Works contract for Signaling & Telecommunication Works |
| Project Scope | Supply of Materials, Installation, Testing, Interlocking and Commissioning of Indoor and Outdoor Signalling Equipments with Electronic Interlocking at Majerhat, Brace Bridge, Nangi and Dual MSDAC With Electronic Interlocking in Connection with Automatic Signalling Work Between MILE5B- Budge Budge of Sealdah Division of Eastern Railway (Two Packet System). |
| Contract Value | ₹43,54,68,635.45 (Rupees Forty three crore, fifty four lakh, sixty eight thousand, six hundred thirty-five rupees and forty-five paise) |
| Execution Timeline | 15 months from the date of LOA |
| Sector | Domestic entity (Indian Railways - ER) |
The total consideration for the contract amounts to ₹43,54,68,635.45. The execution of the works is slated to be completed within 15 months from the date of the Letter of Award (LOA).
E2ERAIL Stock Price Movement
On Thursday, E To E Transportation Infrastructure Limited slipped by 4.33% to close at ₹247.15. The equity traded on a volume of 124,000 shares, marking a notable decline from the previous day's close of ₹256.3.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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