Business Update22 May 2026, 02:32 pm
Twamev Construction Receives ₹19.04 Cr SAIL-ISP Project
AI Summary
Twamev Construction and Infrastructure Limited has received a Letter of Acceptance from The Steel Authority of India Limited (SAIL-ISP Burnpur) for the "Re-building of Employees Quarter at ISP Township in Phase-1". The total contract price is ₹19,04,65,887.63, including GST. The project is to be completed within 12 months from the effective date of the contract.
Key Highlights
- Twamev Construction secures ₹19.04 Cr project from SAIL-ISP Burnpur.
- The project involves rebuilding employee quarters at ISP Township.
- Project completion timeline is 12 months from the contract's effective date.
- A security deposit of ₹95,23,295 is required within 20 days of LOA issuance.
Price Impact
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