Monarch Surveyors and Engineering Consultants Ltd. Receives Rs. 2.88 Crore Work Order
Monarch Surveyors and Engineering Consultants Limited has secured a work order from the National Highways Authority of India for providing consultancy services. The project involves the preparation of a Detailed Project Report (DPR) for a 6-lane road extending from Harsaru bypass of Gurugram Pataudi road at Wazirpur (NH352W) to Jhajjar (NH-352), including the construction of Farrukhnagar Bypass, approximately 33 kilometers in length.The work will be executed through a Joint Venture, in which Monarch Surveyors and Engineering Consultants Limited holds a 40% partnership stake. The total value of the project is Rs. 2,87,77,500 (Rupees Two Crore Eighty-Seven Lakh Seventy-Seven Thousand Five Hundred Only). The work is subject to approvals from governmental authorities and is expected to commence immediately, with a completion timeline as per the contract terms. The consideration will be in the form of cash.
| Particulars | Details |
|---|---|
| Name of the entity awarding the order(s)/contract(s) | National Highways Authority of India |
| Objects and effects of the contract or transaction | Consultancy Services for Preparation of DPR for 6-lane Road from Harsaru bypass of Gurugram Pataudi road at Wazirpur (NH352W) to Jhajjar (NH-352), including construction of Farrukhnagar Bypass (Approx. Length 33 KM). |
| Nature of consideration or compensation mechanism | Cash Consideration |
| Total cost or contract amount involved | Rs. 2,87,77,500 (Rupees Two Crore Eighty-Seven Lakh Seventy-Seven Thousand Five Hundred Only) |
Source:
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.