Rail Infrastructure Deal: Company Secures Contract Worth ₹ 22.87 Crore from Southern Railway
A key player in railway infrastructure has been awarded a substantial contract by the government, securing the business related to signalling and telecommunication arrangements at Neyyatinkara station. The company received the Letter of Acceptance (LOA) dated July 7, 2026, from Southern Railway, Thiruvananthapuram Division.The contract involves significant work for the doubling of track between Thiruvananthapuram Central and Kanniyakumari Station. The scope includes providing all necessary indoor and outdoor signalling and telecommunication arrangements at Neyyatinkara station for both stage-I and stage-II works.
The total value of the awarded contract 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 execution period for this project has been set at eight months from the date of the LOA.
The order was awarded by a domestic government entity through a competitive bidding process, confirming that the transaction is conducted on an arm's length basis and does not involve related party transactions.
Key details regarding the contract award are summarized below:
| Particular | Details |
|---|---|
| Awarding Entity | Southern Railway (SR), Thiruvananthapuram Division |
| Contract Scope | Provision of Indoor and Outdoor signalling and telecommunication arrangements at Neyyatinkara station for stage-I & stage-II works in connection with doubling of track between Thiruvananthapuram Central and Kanniyakumari Station. |
| Accepted Contract Value | ₹ 22,87,62,175.72 |
| Project Completion Period | 8 months |
| Awarder Status | Domestic government entity (Indian Railways - SR) |
Stock Price Movement
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