Raunaq International Lands Rs 18.10 Crores in Work Orders from Ambuja Cements
Raunaq International Ltd has secured multiple work orders from Ambuja Cements Limited, totaling an aggregate value of Rs 18.10 Crores (exclusive of taxes). The contracts pertain to the supply, erection, testing, and commissioning of raw water pipeline and associated equipment for ACL Maratha.The project involves two distinct orders awarded by Ambuja Cements Limited. The first contract covers the Supply, Erection, Testing, and Commissioning (STC) services, valued at Rs 10.85 Crores. The second order focuses specifically on the Erection, Testing, and Commissioning (ETC), amounting to Rs 7.25 Crores.
The total project scope is set to be executed within a period of ten months from the effective date, which is May 11, 2026. Ambuja Cements Limited was identified as a domestic entity in this engagement.
A summary of the secured contracts and their terms are provided below:
| Order Description | Scope of Work | Value (Rs) |
|---|---|---|
| Order No. 1 | Supply, Erection, Testing, and Commissioning of Raw Water Pipeline and associated Equipment | 10.85 Crores |
| Order No. 2 | Erection, Testing, and Commissioning of Raw Water Pipeline and associated Equipment | 7.25 Crores |
The orders are designated for delivery at the ACL Maratha site. For both contracts, GST will be extra. The payment terms outlined include an advance payment, a running account (RA) payment, and a retention payment to be settled upon project completion.
Key operational details regarding the two assignments are detailed in the table below:
| Feature | Order No. 1 (Supply & STC) | Order No. 2 (Erection & ETC) |
|---|---|---|
| Scope | Supply, Erection, Testing, and Commissioning of Raw Water Pipeline and associated Equipment | Erection, Testing, and Commissioning of Raw Water Pipeline and associated Equipment |
| Effective Date | May 11, 2026 | May 11, 2026 |
| Value | Rs 10,85,00,000/- | Rs 7,25,00,000/- |
| Advance Payment | 10% of Basic Price | 10% of Basic Price |
| Retention Payment | 5% of Basic Price on completion of the Project | 5% of Basic Price on completion of the Project |
Stock Price Movement
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