BCPL Railway Infra signs an agreement of Rs. 325.80 million for 25 KV Overhead Electrification modification work

BCPL Railway Infrastructure Limited is delighted to update its esteemed stakeholders that the Company has signed an agreement for execution of a 25 KV Overhead Electrification (OHE) modification work from Gurmura to Mahadia and Shakti Nagar section of Dhanbad Division of East Coast Railway under Rail Vikas Nigam Limited.

This contract agreement has been received for the work of "Design, Supply(except Galvanized Steel structures and all type of conductors-Feeder Wire, BEC, AEC), Erection, Testing and Commissioning of 2x25KV feeder line along the track With 25KV OHE modification works to meet 3000 MT loading target for UP & DN line of Gurmura (GMX) (Excl.)(KM 119.16) to Mahadia (MHDA) (KM194.63) & Shakti Nagar (SKTN) (KM32.13) Section of Dhanbad Division under E.C. Railway (Total 110/220 RKM/TKM)" under Rail Vikas Nigam Limited. The total project cost comprises of Rs. 325.80 million and it is expected to be executed over a period of 16 months.

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 for modification of the 25KV OHE System from Gurmura to Mahadia and Shakti Nagar section of Dhanbad Division of East Coast Railway under Rail Vikas Nigam Limited. The value of this order is Rs.325.80 million and we are quite optimistic about the pipeline of orders in the coming months, in 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 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 4th 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. 75.99 as compared to the previous close of Rs. 77.71. The total number of shares traded during the day was 11402 in over 249 trades.

The stock hit an intraday high of Rs. 77.71 and intraday low of 75.21. The net turnover during the day was Rs. 869200.00.

Source : Equity Bulls

Keywords

BCPLRailwayInfrastructure INE00SW01015 OrderWin RailVikasNigam