V.L.Infraprojects Limited Secures Rs 74.44 Crore Work Order from GWIL JV
V.L.Infraprojects Limited has secured a significant work order valued at Rs 74,44,33,506.72 from Gujarat Water Infrastructure Limited (GWIL). The contract involves a major infrastructure project undertaken through a Joint Venture (JV) partnership.The work order is for the Designing, Constructing, Testing & Commissioning (DCTC) of an RCC Under Ground Sump and RCC Pump House, along with associated works for the supply, installation, testing, and commissioning (SITC) of pumping machinery and allied electro-mechanical and instrumentation works. The scope also encompasses 10 years of comprehensive operation and maintenance at the GWIL Navda Pumping Station [NC-28 & SPP-3A Pumping Station Project] in District Botad.
V.L.Infraprojects Limited is participating in the JV, holding a 31% share, while H.M. Electro Mech, Ahmedabad holds the remaining 69% share. The project has been awarded by the domestic entity, GWIL, with an execution timeline set at 24 months.
The financial details of the contract are summarized below:
| Metric | Value | Notes |
|---|---|---|
| Total Order Value (Excl. GST) | Rs 74,44,33,506.72 | From Gujarat Water Infrastructure Limited (GWIL) |
| V.L.Infraprojects Limited Share (31%) | Rs 23,07,74,387.08 | Company's allocated portion of the contract |
| JV Partners | V.L.Infraprojects Limited (31%) and H.M. Electro Mech (69%) | |
| Contract Period | 24 Months |
The work order details reflect the combined services required at the GWIL Navda Pumping Station, located in Village Navda, Taluka Barvala, District Botad. V.L.Infraprojects Limited is registered as a Company with CIN: L45200GJ2014PLC081602.
VLINFRA Stock Price Movement
Today, V.L.Infraprojects Limited shares edged higher to close at ₹27.6, rallying 4.54% on the day. The stock recorded significant investor interest, trading on a volume of 9,000 shares.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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