E To E Transportation Infrastructure Secures ₹216 Crore Contract for Railway Track Tripling in Andhra Pradesh
E To E Transportation Infrastructure Limited has secured a major contract, receiving a Letter of Acceptance dated May 26, 2026, from the South Central Railway Construction Organization. The contract involves significant infrastructure works focused on railway expansion and electrification in Andhra Pradesh.The awarded project covers the tripling of track between Srikalahasti and Renigunta Stations. This massive infrastructure undertaking includes full Electrification, Signalling & Telecommunication Electrification, and augmentation of the 1X25kv TSS/SP/SSP in the total GDR-RU section to accommodate a three-line connection. This work is integral to the Tripling of the Gudur-Renigunta section within the Guntakal division of the state. The entire project will be executed through a joint venture involving JSR ETIL JV.
The contract, which was awarded through competitive bidding by a domestic government entity, carries a total accepted value of ₹ 2,16,40,00,498.37. The execution of these works is scheduled to be completed within a 24-month period.
The contract details indicate that the venture is at arm's length and does not constitute a related party transaction, as the South Central Railway is a government entity operating under the Ministry of Railways.
Key terms and financial details of the awarded contract are summarized below:
| Detail | Description | Value / Period |
|---|---|---|
| Awarding Entity | South Central Railway Construction Organization | N/A |
| Nature of Contract | Works contract for railway track tripling and electrification | N/A |
| Total Contract Value | Tripling of track between Srikalahasti and Renigunta Stations | ₹ 2,16,40,00,498.37 |
| Performance Guarantee | 5% of contract value | ₹ 10,82,00,024.92 |
| Project Completion Period | Time frame for execution | 24 months |
| Domain | Domestic Government Entity | N/A |
E2ERAIL Stock Price Movement
On Tuesday, E To E Transportation Infrastructure Limited shares slipped by 4.99%, settling at ₹254. The stock experienced notable selling pressure, with 57,600 shares traded, falling significantly from the previous close at ₹267.35.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.