Deals30 Jul 2026, 09:30 pm
VVIP Infratech Secures ₹104 Cr STP Project in Haryana
AI Summary
VVIP Infratech Limited has received a Letter of Acceptance (LOA) from the Executive Engineer, Ambala City PHED for the construction of a 60.00 MLD Sewage Treatment Plant (STP) at Devi Nagar, Haryana, using SBR Technology. The project is valued at ₹104 crore, encompassing a two-year Capex phase and an 11-year Operation & Maintenance contract. This marks VVIP Infratech's entry into Haryana and represents their largest STP project to date. The company's standalone order book now stands at ₹873.65 crore, providing 2-3 years of revenue visibility.
Key Highlights
- Secured ₹104 crore contract for 60 MLD STP construction in Haryana.
- Includes 11 years of Operation & Maintenance contract.
- Largest STP project for VVIP Infratech to date.
- Order book strengthens to ₹873.65 crore.
- Marks strategic entry into the Haryana market.
Price Impact
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