Deals21 Jan 2026, 06:21 pm
Monarch Surveyors Receives LOA for Rs. 3,29 Crore Project in Tripura
AI Summary
Monarch Surveyors and Engineering Consultants Ltd has announced receiving a Letter of Award (LOA) for Consultancy Services for a project in Tripura. The project, valued at Rs. 3,29,63,598, involves upgradation of the existing 2-lane with paved shoulders of the Agartala—Udaipur section to 4-lane with paved shoulders and development/upgradation of Udaipur to Amarpur in the State of Tripura. The project is awarded under a Joint Venture, where Monarch Surveyors holds a 51% partnership stake.
Key Highlights
- Monarch Surveyors received a Letter of Award (LOA) for a project in Tripura.
- The project is valued at Rs. 3,29,63,598.
- The project involves upgradation of existing 2L+PS of Agartala—Udaipur section to 4L+PS and development/upgradation of Udaipur to Amarpur in Tripura.
- The project is awarded under a Joint Venture with Monarch Surveyors holding a 51% partnership stake.
- The project is expected to positively impact the business operations of the Company.