Jayant Infratech Ltd secures railway electrification contract valued at over ₹13 crore
Jayant Infratech Limited has received a Letter of Acceptance from West Central Railway for executing comprehensive Railway Overhead Electrification (OHE) works, marking a significant operational contract award.The project covers the design, supply, erection, testing, and commissioning of OHE in the Itarsi-Jhujharpur section. The scope also includes power supply arrangements and modifications to existing OHE infrastructure, along with associated general services related to the Itarsi-Nagpur 3rd Line work.
The contract is valued at ₹ 13,31,88,572.19 (Rupees Thirteen Crore Thirty-One Lakh Eighty-Eight Thousand Five Hundred Seventy-Two and Nineteen Paise Only), inclusive of all duties and taxes. The order was awarded by a domestic entity, West Central Railway, and is designated as Railway Overhead Electrification (OHE) Works.
The contract award includes specific terms and conditions details, set to be executed over a defined period. As per the project terms, Jayant Infratech Limited has nine months from the date of issuance of the Letter of Acceptance to complete the work, with completion expected by April 2027.
Details regarding the contract are summarized below:
| Particular | Details |
|---|---|
| Entity Awarding Order | West Central Railway (Domestic) |
| Nature of Contract | Railway Overhead Electrification (OHE) Works |
| Project Scope | Design, supply, erection, testing and commissioning of OHE in Itarsi - Jhujharpur section, including power supply arrangements, modification of existing OHE system, and associated general electrical services for the Itarsi - Nagpur 3rd Line Project. |
| Contract Value | ₹ 13,31,88,572.19 |
| Execution Timeline | April 2027 (Nine months from Letter of Acceptance) |
The contract is not considered a related party transaction, and the railway entity awarding the order holds no interest in the company's promoter group. Jayant Infratech Limited noted that this contract is expected to contribute positively to the revenue and operational growth of the company.
Stock Price Movement
Jayant Infratech Ltd settled at ₹73.49 after closing for the day, ticking up 0.67%. The shares experienced intraday movement, trading between a low of ₹69.80 and a high of ₹74.00.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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