Manglam Infra Secures Rs 1.09 Crore Project for Feasibility Study of Assam Rural Bridges
Manglam Infra & Engineering Limited has received a Letter of Acceptance (LOA) from the Government of Assam Public Works Roads Department (PWRD). The contract involves Consultancy Services for the feasibility study, Design, and DPR preparation related to bridges in Assam under the World Bank funded Assam Resilient Rural Bridge Program (ARRBP).The project awarded by the PWRD pertains to a comprehensive set of infrastructure tasks across various districts in Assam. These works include maintenance requirements, widening existing bridges, replacing temporary structures with RCC Bridges, construction of new double lane RCC Bridges in missing gaps, and replacement of distressed or collapsed/washed out Bridges.
Manglam Infra & Engineering Limited secured the contract for this scope of work at a total price of Rs 1,09,11,825/- (Rupees One Crore Nine Lakh Eleven Thousand Eight Hundred Twenty-Five only), inclusive of GST. The entire project has a stipulated execution time period of two months.
The project details are summarized below:
| Particulars | Details |
|---|---|
| Entity Awarding the Contract | Government of Assam, Public Works Roads Department (PWRD) Office of the Chief Engineer (EAP), Assam Fatasil Ambari, Guwahati-25 |
| Nature of Work | Consultancy Services for feasibility study, Design and DPR preparation of bridges |
| Type of Entity | Domestic |
| Project Duration | 02 Months |
| Contract Value | Rs.1,09,11,825/- (including GST) |
The project fall within the ambit of the ARRBP and carries out the necessary requirements related to bridges in Assam. Manglam Infra confirmed that it has no interest in the awarding entity, and the contract is not categorized as a related party transaction.
MIEL Stock Price Movement
Manglam Infra & Engineering Limited shares settled flat today, closing at ₹13.00 after market hours and recording a zero percent change. The company saw a total traded volume of 2,000 shares in 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.
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.