R P P Infra Projects Ltd wins a new order worth approx INR 138.24 Crores

RPP Infra Projects Ltd and HS Engineers Associates- M/s RPP-HSEA JV, has been received a letter of acceptance for a new project viz,H1 Package-Engineering Procurement, Construction, testing, commissioning, trial run and operation and maintenance of various components of Augments of sources of various LWSS from River Beas of barsar area (Barsar Constituency) in Tehsil Barsar District Hamirpur, Himachal Pradesh (Under NDB FUNDING) IN single package on "Turn-key job basis" including trial run, defect and liability period and running and maintenance of the entire scheme for 5 years at the cost of 138.24 Crore.

M/s RPP Infra Projects Limited (51% holding) along with its JV Partner (49% holding) will invest in the project as per their capacity of holding and complete the above project within the decided time line.

Shares of R.P.P. Infra Projects Limited was last trading in BSE at Rs. 63.15 as compared to the previous close of Rs. 64.15. The total number of shares traded during the day was 80680 in over 887 trades.

The stock hit an intraday high of Rs. 65.95 and intraday low of 62.50. The net turnover during the day was Rs. 5191416.00.

Source : Equity Bulls

Keywords

RPPInfraProjects INE324L01013 HSEngineersAssociates JV OrderWin NewProject LOA