BCPL Railway Infra bags order worth Rs. 643.88 million

BCPL Railway Infrastructure Limited is delighted to update its esteemed stakeholders that the Company has signed an agreement for execution of an OHE, TSS and SCADA work in connection with new line at Araria-Thakurganj of N.F. Railway under Rail Vikas Nigam Limited.

This contract agreement has been received for the work of "Design, Supply, Erection, Testing and Commissioning of 25KV, 50Hz, Single Phase, AC, Electrification OHE and TSS works in Araria - Thakurganj New line section in connection with new line project of Araria-Galgalia of N.F. Railway, including associated works and supply, erection, testing and commissioning of SCADA for the section (106.958 RKM/119.27 TKM)" under Rail Vikas Nigan Limited. The total project cost comprises of Rs. 643.88 million.

Commenting on the same, Mr. Aparesh Nandi, Chairman said, "We at BCPL Railway Infrastructure Limited are pleased to inform our stakeholders on our recent order intake at Araria-Thakurganj of N.F. Railway under Rail Vikas Nigam Limited. The value of this order is Rs.643.88 million and we are quite optimistic about the pipeline of orders in the near future also."

"We, at BCPL, have offered our unparalleled services contributing towards connecting the different parts of the country especially connecting the North East and rural parts of the country and are confident to continue serving the Indian Railway sector in future. We are particularly honoured for having been successful in being awarded the task of executing OHE work in the geo-politically and geo-economically important Chicken's Neck Area connecting the north eastern states with the rest of the country. We are quite optimistic about similar projects to come on PAN India basis. There is a constant flow of railway work including EPC orders, modification work, laying of new lines, addition of 3 and 4™ lines in the existing railway tracks, increase in the speed of existing railway lines and we are optimistic that there will be no paucity of work flow in the near future."

Shares of BCPL Railway Infrastructure Ltd was last trading in BSE at Rs. 94.21 as compared to the previous close of Rs. 90.72. The total number of shares traded during the day was 27273 in over 612 trades.

The stock hit an intraday high of Rs. 95.00 and intraday low of 90.70. The net turnover during the day was Rs. 2533996.00.

Source : Equity Bulls

Keywords

BCPLRailwayInfrastructure INE00SW01015 OrderWin RailVikasNigam