E To E Transportation Infrastructure Limited Declared Lowest Bidder for SECR Rail Signaling Works
E To E Transportation Infrastructure Limited has been declared the lowest bidder (L1) by the South East Central Railway, Raipur Division, for a major signaling and telecommunication contract. The work focuses on critical upgrades within the Raipur division of the SEC Railway.The contract involves comprehensive Signaling & Telecommunication work. Specific tasks include the replacement of Sarona and Kumhari station with new Distributed EI, alteration and modification in the Auto Section EI (Hitachi Make), and undertaking yard remodeling necessary for 4th line connectivity within the Raipur division.
Contract Details and Scope
The entire contract is categorized as a works contract awarded by a domestic entity, specifically the Indian Railways under the South East Central Railway (SECR). The project falls within the normal course of business for the company.The contract details reveal the following key information:
| Parameter | Details |
|---|---|
| Awarding Entity | South East Central Railway, Raipur Division |
| Nature of Contract | Works contract - Signaling and Telecommunication work |
| Scope | Replacement of Sarona and Kumhari station with new Distributed EI and alteration/modification in Auto section EI (Hitachi make) along with yard remodeling for 4th line connectivity of Raipur division in SEC Railway (Two Packet System) |
| Contract Value | ₹ 35,23,73,193.63 (Rupees Thirty-Five Crore, Twenty-Three Lakh, Seventy-Three Thousand, One hundred and Ninety-Three Rupees and Sixty-Three Paise) |
| Execution Timeline | 18 months from the date of LOA |
SECR, a government entity under the Ministry of Railways, awarded the order, confirming that the contract does not involve related party transactions or any associated promoter interest.
E2ERAIL Stock Price Movement
Shares of E To E Transportation Infrastructure Limited are rallying to ₹277.9 as of 2:20 PM today, having gained 3.77% in live trading. The equity continues its momentum climb, backed by strong institutional interest evident in the 23,200 shares traded.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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