Business Update15 May 2026, 07:11 pm
VVIP Infratech Bags ₹80.97 Cr Namami Gange Project
AI Summary
VVIP Infratech Ltd has received a Letter of Award from Uttar Pradesh Jal Nigam (Rural) for a project under the Namami Gange Programme in Bhadohi, Uttar Pradesh. The project, valued at approximately ₹80.97 crore (excluding GST), involves the survey, design, build, operation, and transfer of interception, diversion, and treatment works, including 15 years of operation and maintenance. This order strengthens VVIP's order book to ₹815 crore and extends revenue visibility to approximately 3 years.
Key Highlights
- VVIP Infratech receives ₹80.97 crore LOA for Bhadohi sewerage project.
- Project involves DBOT mode for interception, diversion and treatment works.
- Order book strengthens to ₹815 crore, providing ~3 years of revenue visibility.
- 15-year O&M tail expected to improve recurring revenue.
- VVIP continues its partnership with UP Jal Nigam.
Price Impact
More from VVIPIL