Business Update5 Oct 2026, 03:50 pm
A B Infrabuild Secures ₹48.1 Cr Project in Chhattisgarh
AI Summary
A B Infrabuild Limited has received a Letter of Acceptance for the construction of two grade separators on NH-53 Raipur-Durg Four Lane Road in Chhattisgarh. The project, valued at ₹48.09 Crore, is to be completed on an EPC (Engineering, Procurement, and Construction) basis within 18 months. This award signifies a new business development for the company, contributing to its order book and future revenue streams. The contract details align with tender document specifications regarding nature, performance security, and timelines. The company has confirmed no promoter or promoter group interest in the awarding entity and that the transaction will not fall under related party transactions.
Key Highlights
- Secured new construction project worth ₹48.09 Crore.
- Project involves building two grade separators in Chhattisgarh.
- Contract duration is 18 months on EPC basis.
- No related party transactions involved.
- Order awarded by Government of Chhattisgarh.
Price Impact
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