Business Update12 May 2026, 01:04 pm
Conart Engineers Bags ₹49 Cr Order from Hindalco Industries
AI Summary
Conart Engineers Ltd has received a work order from Hindalco Industries Limited for yellow soil filling and compound wall work at Savli, Vadodara, Gujarat. The project is valued at approximately ₹49 Crores (excluding GST), with the final value subject to changes in the layout plan and any extra work. The project is to be executed in two phases, with Phase-1 completed within 4 months from the date of the PO/LOI and Phase-2 within 3 months after the monsoon.
Key Highlights
- Conart Engineers secures a ₹49 Cr project from Hindalco Industries.
- The project involves yellow soil filling and compound wall construction.
- Project execution is divided into two phases with specific timelines.
- The order does not involve related party transactions.
- The work order was received on May 11, 2026.