Texmaco Rail Wins Contract Worth Rs 11.65 Crores from Odisha Power Transmission Corporation Limited
Texmaco Rail & Engineering Limited has secured a contract worth Rs 11.65 crores from the Odisha Power Transmission Corporation Limited. The agreement covers various works related to the construction of a 2nd Circuit SC line on DC tower, categorized as an engineering and turnkey contract.The order involves the comprehensive execution of Engineering, Supply Installation, Testing, and Commissioning works for the Construction of 2nd Circuit SC line on DC tower on Turnkey Contract basis. The work falls under the category of domestic contracts.
Key details regarding the awarded order include:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Odisha Power Transmission Corporation Limited |
| Nature of Work | Engineering, Supply Installation, Testing and Commissioning works for Construction of 2nd Circuit SC line on DC tower on Turnkey Contract basis. |
| Contract Size (Broad Consideration) | Rs 11.65 crores (including taxes) |
| Client Type | Domestic entity |
| Execution Timeline | Within 12 months from the date of Letter(s) of Award. |
The contract details confirm that the order does not involve related party transactions and is confirmed to be conducted at arm's length.
SANSTAR Stock Price Movement
Sanstar Limited gained 1.60% on Friday, closing the session at ₹116.45 after rallying from its previous close of ₹115.12. The stock traded a volume of 334,616 shares during the day, as it reached a high of ₹117.25 before settling.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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