Deals24 Oct 2025, 07:49 pm
ARSS Infrastructure Projects Ltd Secures Sub Contract Worth Rs. 37 Crores from SIPS-SCPL (JV)
AI Summary
ARSS Infrastructure Projects Ltd has been awarded a sub contract worth Rs. 37,79,07,209.00 (Rupees Thirty Seven Crores Seventy Nine Lakhs Seven Thousand Two Hundred Nine only) from SIPS-SCPL (JV) for the design, supply, erection, testing, and commissioning of 25KV OHE in a new line between Dasapalla (Excl.) Purunakatak (Excl.) of East Coast Railway. The completion period for the project is 24 months from the date of commencement/ agreement date.
Key Highlights
- Sub contract worth Rs. 37 Crores from SIPS-SCPL (JV)
- Project involves design, supply, erection, testing, and commissioning of 25KV OHE
- Work to be completed in 24 months from the date of commencement/ agreement date
- Payment to be made within 10 days of receipt of bill from the principal employer every month
- Price Adjustment / Escalation clause applicable for the sub-contracted work