Deals2 May 2025, 02:45 pm
Capacite Infraprojects Receives Contract Worth 384.72 Crores from National High Speed Rail Corporation
AI Summary
Capacite Infraprojects Ltd, through its joint venture with SSC Infrastructure Private Limited, has received a Letter of Acceptance (LOA) from National High Speed Rail Corporation Limited (NHSRCL) for a total contract value of 384.72 crores. The contract involves Design and Build Works for Construction of Maintenance cum Technology Centres at six (6) locations in Gujarat for Mumbai- Ahmedabad High Speed Rail Project. This order does not fall within the ambit of related party transactions and has been received in the normal course of business.
Key Highlights
- Capacite Infraprojects Ltd and SSC Infrastructure Private Limited have received a Letter of Acceptance (LOA) from National High Speed Rail Corporation Limited (NHSRCL) for a total contract value of 384.72 crores.
- The contract involves Design and Build Works for Construction of Maintenance cum Technology Centres at six (6) locations in Gujarat for Mumbai- Ahmedabad High Speed Rail Project.
- This order does not fall within the ambit of related party transactions.
- The contract has been received in the normal course of business and forms part of the Company’s ordinary civil contracting operations.
- This signifies an important milestone in the company's client expansion and strengthens its position as a preferred partner for marquee projects.