Business Update10 Jun 2026, 05:51 pm
Vascon Engineers Secures ₹347.43 Cr Redevelopment Project
AI Summary
Vascon Engineers Limited has received a Letter of Intent from the Central Public Works Department, Guwahati, for the demolition and re-development of RBI Quarters in Assam. The project is valued at ₹347.43 Crore (including GST) and is to be executed on an EPC basis within 36 months. This significant contract does not involve any related party transactions or promoter interests in the awarding entity.
Key Highlights
- Secured a new work order worth ₹347.43 Crore.
- Project involves demolition and re-development of RBI Quarters.
- Contract to be executed on EPC basis within 36 months.
- Awarded by Central Public Works Department, a domestic entity.
- No related party or promoter interest involved.
Price Impact
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