Deals23 Oct 2025, 07:41 pm
ARSS Infrastructure Projects Ltd. Secures Sub Contracts Worth Rs. 164 Crores
AI Summary
ARSS Infrastructure Projects Ltd. has received sub contracts work orders worth Rs. 164,51,45,587.00 from Shivam Condev Private Limited. The contracts include improvement and strengthening of various roads in the districts of Koraput, Kandhamal, and Boudh in Odisha under the State Plan. The contracts are part of the company's post-CIRP resolution plan. The details of the contracts are as follows:
Key Highlights
- Sub contracts worth Rs. 164,51,45,587.00 received from Shivam Condev Private Limited.
- Includes improvement and strengthening of roads in Koraput, Kandhamal, and Boudh districts of Odisha.
- Part of the company's post-CIRP resolution plan.
- Completion period of 16 months for one contract and 23 months for the other.
- Payment to be made within 10 days of receipt of bill from the principal employer.