BCPL Railway Infra stock soars 1% on receiving new order worth Rs18cr

Also, BCPL has been able to bag an order from Military Engineer Services.

November 16, 2021 12:03 IST India Infoline News Service

BCPL Railway Infrastructure Limited has informed that the Company has bagged an order from Central Organisation for Railway Electrification, Prayagraj, Uttar Pradesh, India.

This order has been received for the work of “Design, Supply, Erection, Testing & Commissioning of 25 kV, 50 Hz, Single Phase, AC, Electrification Works including OHE Electrical Work" in Hospet (Excl.) - Swamihalli (Incl.) Section, Gr.300 of Hubballi Division of South Western Railway under RE Project Bangaluru, Total 59 RKM/ 78 TKM.” The total project cost comprises of Rs18cr.

Commenting on the same, Aparesh Nandi, Chairman said, “We at BCPL Railway Infrastructure Limited are pleased to inform our stakeholders on our recent order intake in the Hubballi Division of South Western Railway under RE Project Bangaluru.

The value of this order is Rs18cr and we are quite optimistic about the pipeline of orders in the coming months and in near future also. We expect to end the year on robust order book.”

“Further, it gives us immense pleasure to update our stakeholders that BCPL has been able to bag an order from Military Engineer Services for transmission line works at CWE, Binnaguri.

This marks the commencement of the Company’s journey towards making a mark in the Defence sector of India. The Management and employees of BCPL are confident that they would be able to offer their unparalleled services in the sector in the same way as they have been serving the Railways for more than 3 decades now.”

At around 12:02 PM, BCPL Railway was trading at Rs48.15 per piece higher by 0.84% on the BSE market.

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