Rudrabhishek Enterprises Secures Rs 78 Crore Consultancy Contract for Paddy Procurement Centres in Odisha
Rudrabhishek Enterprises Limited (REPL) has secured a significant Project Consultancy contract from the Odisha Bridge & Construction Corporation Limited (OBCC), Bhubaneswar. The contract is for the Feasibility Study, preparation of Detailed Project Reports (DPRs), and supervision related to the development of Paddy Procurement Centres across Odisha under the Model Mandi Scheme.The total value of this consultancy service contract stands at 78,20,00,000/- (Rupees Eight Crore Twenty Lakhs Only), exclusive of GST.
REPL's role involves providing comprehensive consultancy services to OBCC for the development and construction needs related to these Model Mandis in Odisha. The engagement falls under the category of Consultancy Services awarded by a domestic entity and is scheduled for completion over a period of 24 months.
Key details regarding the contract are summarized below:
| Detail | Specification |
|---|---|
| Entity Awarding Contract | Odisha Bridge & Construction Corporation Limited (OBCC) |
| Nature of Service | Consultancy Services |
| Project Scope | Feasibility studies, preparation of Detailed Project Reports (DPRs), and supervision for development/construction of paddy procurement centres (Model Mandis) in Odisha. |
| Contract Value | 78,20,00,000/- (Exclusive of GST) |
| Execution Timeline | 24 months |
The contract terms confirm that the work order is a domestic assignment and holds no conflict, as neither the promoter nor the promoter group companies have any interest in the awarding entity. The services are not categorized as related party transactions.
REPL Stock Price Movement
Today, shares of Rudrabhishek Enterprises Limited shed 2.94% in post-market trading, closing at ₹64.07. The stock saw limited activity, with a reported volume of 3,669 shares today.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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