Business Update23 Oct 2026, 05:10 pm
ARSS JV Secures ₹239.6 Cr Work Order from East Central Railway
AI Summary
ARSS Infrastructure Projects Ltd announced that its joint venture, ARSS SCPL JV, has received a significant work order valued at ₹239,59,95,539.39 (approximately ₹239.6 Crore) from East Central Railway. The contract is for Engineering, Procurement, and Construction (EPC) services for doubling railway tracks and associated works on the Koderma-Arigada section. The project spans 29.50 km and is expected to be executed within 730 days from the appointed date. This substantial order is a key business development for ARSS Infrastructure Projects.
Key Highlights
- ARSS SCPL JV awarded ₹239.6 Crore EPC contract by East Central Railway.
- Project involves doubling railway tracks and associated infrastructure.
- Execution timeline for the project is 730 days.
- The order is for a domestic entity and falls under business update.
- No promoter interest or related party transaction involved.
Price Impact
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