Srinibas Pradhan Constructions Secures Contract Value of INR 8.22 Crores from NTPC Limited
Srinibas Pradhan Constructions Limited, through its wholly owned subsidiary, Srinibas Pradhan Infra Private Limited, has received a purchase order from NTPC Limited. The contract involves the execution of a connecting road project at a major facility.The contract award pertains to the work of connecting the road to the Proposed Labour/Material Entry Gate for DSTPP Stage-II. The transaction falls under the domestic sector and is governed by the terms and conditions laid out in the Purchase Order and the Notice Inviting Tender (NIT) issued by NTPC Limited.
The project is scheduled for a specific execution timeline, running from May 21, 2026, through November 20, 2026. The contract value has been specified as approximately INR 8.22 Crores.
Key details regarding the order are summarized below:
| Detail | Description |
|---|---|
| Awarding Entity | NTPC Limited |
| Nature of Work | Connecting Road to Proposed Labour/Material Entry Gate for DSTPP Stage-II |
| Order Type | Domestic |
| Contract Value | Approximately INR 8.22 Crores |
| Execution Period | May 21, 2026, to November 20, 2026 |
Srinibas Pradhan Constructions Limited, formerly known as Srinibas Pradhan Constructions Pvt. Ltd., confirmed that the awarding entity, NTPC Limited, is a domestic entity, and there is no conflict regarding promoter interest or related party transactions concerning the order.
SPCON Stock Price Movement
Srinibas Pradhan Constructions Limited shares slipped by 0.08% on Friday, settling at ₹123.00 after closing trading for the session. The stock found support near its ₹122 level, suggesting some resistance may remain for the civil construction sector as market sentiment remains muted.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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