Deals4 Aug 2026, 02:40 pm
VVIP Infratech Secures ₹198.5 Cr Delhi Jal Board Project
AI Summary
VVIP Infratech Limited has announced receiving a Letter of Intent (LOI) worth ₹198.50 crore from the Delhi Jal Board for sewerage works in proposed DSTPs at Mohammadpur Majri & Kanjhawala in Delhi. The project, funded by the Government of NCT of Delhi, has a duration of 24 months. This award, along with a recent ₹104 crore project, brings VVIP Infratech's unexecuted order book to ₹1072.14 crore, providing 2-3 years of revenue visibility. The company highlighted this as a major win, bolstering its credentials for securing large projects.
Key Highlights
- Secured LOI worth ₹198.50 crore for sewerage works in Delhi.
- Project duration is 24 months, funded by the Delhi government.
- Order book now stands at ₹1072.14 crore.
- Provides 2-3 years of standalone revenue visibility.
- MD expressed confidence in the company's project-winning capabilities.
Price Impact
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