New Launch5 Dec 2024, 08:27 pm
Tantia Constructions Limited Wins Rs. 1,510,000,000/- Contract from Meghalaya Government's Directorate of Tourism
AI Summary
Tantia Constructions Limited, in a joint venture with a third party, has been awarded an order amounting to Rs. 1,510,000,000/- from the Office of the Director, Directorate of Tourism, Shillong, Meghalaya, India. The contract is for 'Design, Supply, Construction and Operation and Maintenance of Passenger Ropeway at Shillong Peak, Shillong, Meghalaya, India (EPC Mode)' under the Meghalaya Ecotourism Infrastructure Development Project funded by the New Development Bank (NDB). The company will not subcontract any component of the work and is required to furnish Performance Security and visit the office to sign the contract within 21 days of receipt of the letter of acceptance.
Key Highlights
- Tantia Constructions Limited has won a contract worth Rs. 1,510,000,000/- from the Meghalaya Government's Directorate of Tourism.
- The contract is for 'Design, Supply, Construction and Operation and Maintenance of Passenger Ropeway at Shillong Peak, Shillong, Meghalaya, India (EPC Mode)' under the Meghalaya Ecotourism Infrastructure Development Project funded by the New Development Bank (NDB).
- The company will not subcontract any component of the work.
- The company is required to furnish Performance Security and visit the office to sign the contract within 21 days of receipt of the letter of acceptance.
- The contract is expected to commence once the Performance Security is furnished and the contract is signed.