A B Infrabuild Secures Rs. 67 Crore Contract from East Coast Railways

A B Infrabuild Ltd has announced the receipt of a letter of acceptance for a new project from East Coast Railways, a division of Indian Railways. The project involves the construction of a Road Over Bridge (ROB) at km 629/11-13 in lieu of LC no-330 at km 629/9-11, located between Icchapuram Station and Jhadupudi Railway Station on the Main Line under Khurdha Road Division. The contract is valued at approximately Rs. 66,96,24,917.

The project scope includes the construction of various components such as a 1×36.0 Mtr Composite Girder, 2×24.0 Mtr Composite Girder, 4×18.75 Mtr T-Beam Girder, and 2×32 Mtr T-Beam Girder. The contract is scheduled to be completed within a period of 24 months. The significant terms and conditions of the order are aligned with the nature of the contract and the performance security clause outlined in the tender documents.

The filing confirms that there is no interest from the promoter or promoter group in the entity awarding the contract, and the transaction does not fall under related party transactions. The order has been awarded to a domestic entity, ensuring compliance with the regulatory requirements.

East Coast Railways is a division of Indian Railways, focusing on the development and maintenance of railway infrastructure in the eastern region of India. The division is involved in various projects aimed at enhancing the efficiency and safety of rail transport.

A B Infrabuild Ltd is engaged in infrastructure development, specializing in the construction of roads, bridges, and other civil engineering projects. The company focuses on expanding its project portfolio and enhancing its capabilities in the infrastructure sector.