E To E Transportation Secures Major Contract from Southern Railway for Track Doubling Project
E To E Transportation Infrastructure Limited has secured a significant contract from the Southern Railway (SR), Thiruvananthapuram Division, involving infrastructure work related to track doubling between Thiruvananthapuram Central and Kanniyakumari stations. The contract, awarded through competitive bidding, involves providing crucial signaling and telecommunication arrangements for the railway division.The order totals ₹ 31,32,55,789.08 (Rupees Thirty-One Crore Thirty-Two Lakh Fifty-Five Thousand Seven Hundred And Eighty-Nine Rupees And Eight Paise Only). E To E Transportation will execute the contract within a six-month period following the issuance of the Letter of Acceptance (LOA).
The project scope involves several key components to support the planned track doubling. These services cover the provision of indoor and outdoor Signaling & Telecommunication arrangements at Thiruvananthapuram Central station. Furthermore, the work includes providing Signalling and interlocking arrangements at LC gates and undertaking Indoor and outdoor Signaling & Telecommunication alterations at Thiruvananthapuram South station.
The contract was awarded by Southern Railway (SR), a domestic government entity under the Ministry of Railways. The company confirmed that the transaction is conducted on an arm's length basis and does not constitute a related party transaction with the awarding entity.
Key details regarding the contracted work are summarized below:
| Detail | Specification |
|---|---|
| Awarding Entity | Southern Railway (SR), Thiruvananthapuram Division |
| Contract Value | ₹ 31,32,55,789.08 |
| Completion Period | 6 months from the date of LOA |
| Nature of Work | Provision of signaling and telecommunication arrangements for twin single line between Thiruvananthapuram Central and Thiruvananthapuram South stations in connection with track doubling. |
| Transaction Type | Works contract awarded by a domestic entity through competitive bidding. |
E2ERAIL Stock Price Movement
E To E Transportation Infrastructure Limited shares today slipped by 0.90% to settle at ₹269, trading down by ₹2.45 from the previous close. The stock recorded a volume of 25,600 shares in its market 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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