Monarch Surveyors Wins Contract for Final Location Survey of New BG Railway Line
Monarch Surveyors and Engineering Consultants Limited has announced that it has received a Letter of Acceptance (LoA) for carrying out the Final Location Survey (FLS) and preparation of the Detail Project Report (DPR) for a new Broad Gauge (BG) Railway Line. The project spans the route between Nimach, Banswara, Dahod, Alirajpur, and Nandurbar over Western Railway.The total order value for this significant railway infrastructure project is Rs.6,54,20,305.39.
The contract involves surveying and reporting work for the new BG railway line, making Western Railway the primary target entity for the scope of work. The company noted that the transaction is domestic in nature and that the work is subject to necessary approvals from governmental authorities.
The scope of work and financial details associated with the contract are summarized below:
| Particulars | Details |
|---|---|
| Client Entity | Western Railway |
| Scope of Work | Final Location Survey (FLS) and preparation of Detail Project Report (DPR) for New BG Railway Line between Nimach - Banswara - Dahod - Alirajpur - Nandurbar |
| Total Order Value | Rs.6,54,20,305.39 |
| Consideration Mechanism | Cash Consideration |
| Timeline for Completion | The entire work shall be completed within 12 months from the date of issue of Letter of Acceptance. |
| Nature of Transaction | Domestic |
Stock Price Movement
As of 14:41, shares of Monarch Surveyors and Engineering Consultants Ltd are ticking up at ₹274.50, reflecting a 4.43% climb for the day. The stock has seen activity throughout the session, trading within a range established between a low of ₹262.85 and a high of ₹277.20.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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