New Launch20 Feb 2026, 03:04 pm
R P P Infra Projects Ltd Secures Rs. 205 Crores Work Order from Sports Development Authority of Tamil Nadu
AI Summary
R P P Infra Projects Ltd has received a new work order from the Sports Development Authority of Tamil Nadu for the establishment of Global Sports City, Chennai. The value of the work order is Rs. 205,89,14,000 including GST @18%. The project is expected to be completed within 18 months from the date of handing over of the site. The company is required to submit a Time and Progress Chart along with quarterly milestones and resources plan within 21 days of receipt of this Work Order.
Key Highlights
- R P P Infra Projects Ltd has been awarded a new work order worth Rs. 205 crores from the Sports Development Authority of Tamil Nadu.
- The project involves the establishment of Global Sports City, Chennai.
- The project is expected to be completed within 18 months from the date of handing over of the site.
- The company is required to submit a Time and Progress Chart along with quarterly milestones and resources plan within 21 days of receipt of this Work Order.
- The order includes a Performance Security Deposit of 3% of the contract value, i.e., Rs. 6,17,68,000/- Minus EMD Rs. 99,42,000/- = Rs. 5,18,26,000/- for a validity period of 36 months.