GPT Infraprojects : L1 Bidder for ₹149.49 Crore Project
DHARMESH BHATT (Research Analyst) SEBI Registration No. INH000009685
GPTINFRA
GPT Infraprojects Limited (GPTINFRA) announced that its wholly owned subsidiary, Alcon Builders and Engineers Private Limited, has been declared the lowest bidder (L1) for a major signaling and telecommunications project valued at ₹149.49 Crore. The contract was awarded by the DYCSTE-W-RJT-S AND T / Western Railway.
Key Highlights of the Announcement :
* Lowest Bidder Status: Alcon Builders and Engineers Private Limited, a wholly owned subsidiary of GPT Infraprojects Limited, secured the L1 position.
* Total Contract Value : ₹149.49 Crore. Client / Awarding Authority: DYCSTE-W-RJT-S AND T / Western Railway.
* Project Scope : Codal life-based replacement of existing Panel Interlocking (PI) stations with Electronic Interlocking (EI), Multi-Section
Digital Axle Counter (MSDAC), and in-built block working. This includes the design, supply, installation, programming,
testing, and commissioning of signaling and telecom equipment across 18 stations in the Bhavnagar Division.
* Regulatory Compliance: The disclosure was submitted pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.