E To E Transportation Secures ₹17.7 Crore Contract for Railway Electrification Works
E To E Transportation Infrastructure Limited announced that it has secured a Service Order (SO) and Purchase Order (PO) from Adani Power Limited, Raipur. The contract involves executing Overhead Electrification Works of Railway Line at the Raipur Thermal Power Project, Chhattisgarh.The contract value is set at INR ₹ 17,70,07,366.74 (Rupees Seventeen Crore, Seventy Lakh, Seven Thousand, Three hundred Sixty-Six Rupees and Seventy-Four Paise).
The agreement, which was awarded through competitive bidding, mandates the completion of the work within a period of 12 months from the order date of May 11, 2026. The company confirmed that the transaction is not categorized as a related party transaction and is conducted at arm's length.
The details of the awarded contract and the awarding entity are outlined below:
| Particulars | Details |
|---|---|
| Awarding Entity | Adani Power Limited, Raipur |
| Project Scope | Overhead Electrification Works of Railway Line at Raipur Thermal Power Project, Chhattisgarh |
| Contract Value | ₹ 17,70,07,366.74 (with GST) |
| Duration | 12 months |
| Performance Guarantee | 5% of contract basic value, amounting to ₹ 75,00,312.15 |
This latest contract contributes to the company's existing order book. E To E Transportation Infrastructure Limited noted that its current open order book stands at INR 670 crores inclusive of GST (INR 568 crores exclusive of GST).
E2ERAIL Stock Price Movement
Shares of E To E Transportation Infrastructure Limited slipped by 4.99% today, settling at ₹286.45 in post-market trading. The stock moved on a total volume of 207,200 shares during the 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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