StockWatch
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Civil Construction
Business Update25 Sept 2026, 07:39 am

Vascon Engineers Secures ₹660.79 Cr Project from Qualcomm India

AI Summary

Vascon Engineers Limited has announced receiving a Letter of Intent (LOI) from Qualcomm India Private Limited for the development of an office facility (Block K) in Bengaluru. The project, valued at ₹660.79 Crore (including taxes), involves constructing three basements, a ground floor, and 12 upper floors, along with associated infrastructure. The execution timeline for this Design and Build, GMP Contract is set at 30 months from the site handover date. This significant order underscores Vascon Engineers' capabilities in undertaking large-scale infrastructure projects for multinational clients.

Key Highlights

  • Vascon Engineers awarded ₹660.79 Cr project by Qualcomm India.
  • Project involves developing a multi-floor office facility in Bengaluru.
  • Construction to be completed within 30 months from site handover.
  • Order is for Design and Build, GMP Contract services.