StockWatch
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Civil Construction
Business Update6 Aug 2026, 02:50 pm

Niraj Cement JV Secures ₹256.89 Cr Bihar Water Project Order

AI Summary

Niraj Cement Structurals Limited JV has announced the receipt of a significant work order valued at ₹256.89 Crores, including GST. The order is for the "Raising, Strengthening and Construction of Flexible Pavement" project under the Bihar Water Security and Irrigation Modernization Project (BWSIMP) from the Water Resource Department, Birpur, Bihar. The project involves constructing and restoring pavement over a 31.985 Km stretch and is to be executed within 32 months. This contract is a substantial addition to the company's order book and is expected to contribute positively to its revenue and growth.

Key Highlights

  • Received work order worth ₹256.89 Crores including GST.
  • Project involves pavement construction and restoration in Bihar.
  • Execution timeline for the project is 32 months.
  • Order awarded by the Water Resource Department, Birpur, Bihar.
  • Significant boost to the company's order book and future revenue.