E To E Transportation Wins Contract to Provide Signalling and Telecommunication Arrangements for Southern Railway
E To E Transportation Infrastructure Limited has secured a significant contract with the Southern Railway, Thiruvananthapuram Division. The award pertains to providing indoor and outdoor signalling and telecommunication arrangements at Neyyatinkara station. This project is part of the broader effort involving the doubling of track between Thiruvananthapuram Central and Kanniyakumari Station.The company received the Letter of Acceptance (LOA) from the Southern Railway, which represents the successful outcome of a competitive bidding process. The total contract value for the work is ₹ 22,87,62,175.72 (Rupees Twenty-Two Crore Eighty-Seven Lakh Sixty-Two Thousand One Hundred and Seventy-Five Rupees and Seventy-Two Paise Only).
The scope of work requires E To E Transportation Infrastructure Limited to execute the necessary arrangements for both Stage I and Stage II works at Neyyatinkara station. The contract mandates a completion period of 8 months from the date of acceptance.
The transaction details confirm that the order was awarded by a domestic government entity through a competitive process. The company confirmed that the contract is conducted at arm's length, holding no related party interest with the awarding entity, which is noted as Southern Railway (SR), Thiruvananthapuram Division.
Key details of the order include:
| Particular | Details |
|---|---|
| Awarding Entity | Southern Railway (SR), Thiruvananthapuram Division |
| Project Scope | Provision of Indoor and Outdoor signalling and telecommunication arrangements at Neyyatinkara station for stage-I & stage-II works. |
| Contract Value | ₹ 22,87,62,175.72 (Rupees Twenty-Two Crore Eighty-Seven Lakh Sixty-Two Thousand One Hundred and Seventy-Five Rupees and Seventy-Two Paise Only) |
| Execution Period | 8 months from the date of LOA |
| Nature | Domestic works contract awarded by a government entity through competitive bidding. |
E2ERAIL Stock Price Movement
Today, shares of E To E Transportation Infrastructure Limited gained to close at ₹266.95, reflecting a 2.67% increase in value for the company. The stock saw a total traded volume of 16,000 shares during the trading 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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