Rudrabhishek Subsidiary Secures Contract worth $496 Million for Pond Ash Transportation in Uttar Pradesh

Rudrabhishek Subsidiary Secures Contract worth $496 Million for Pond Ash Transportation in Uttar Pradesh

Rudrabhishek Subsidiary Secures Contract worth $496 Million for Pond Ash Transportation in Uttar Pradesh​

Rudrabhishek Geo Engineering Pvt. Ltd., a subsidiary of Rudrabhishek Enterprises Limited, has secured a significant contract from BRS Infra Height Pvt. Ltd. The work involves the transportation of Pond Ash for a construction project located in Uttar Pradesh.

The contract awards the transportation of Pond Ash from NTPC Vindhyanagar to Mungra Badshahpur. This ash will be utilized in the construction of a two-lane bypass with paved shoulders, spanning 4.335 Km in Uttar Pradesh.

The total value of the contract stands at $ 4,96,13,376/-, exclusive of GST.

The details of the work order and contracting entity are summarized below:

Contract DetailsDescription
Awarding EntityBRS Infra Height Pvt. Ltd.
Nature of OrderTransportation of Pond Ash from NTPC Vindhyanagar to Mungra Badshahpur for the construction of a two-lane, paved shoulders bypass of 4.335 Km in Uttar Pradesh.
Originating Entity TypeDomestic

REPL Stock Price Movement​

Shares of Rudrabhishek Enterprises Limited are edging higher to ₹65.88 as of 2:50 PM today, climbing by 1.62% in live trading. The equity has seen a solid day of buying activity, with the stock gaining ₹1.05 and having recorded 12,415 shares traded so far.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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