Sadbhav Engineering wins Rs92 crore contract from Western Coal Fields

Ahmedabad-based Sadbhav Engineering Ltd said, it won a contract worth Rs92.1 crore from Western Coal Fields Ltd, a subsidiary of Coal India Ltd.

The contract comprises two jobs, which involve evacuation of coal from quarry face and transportation to surface by hiring of equipment such HEMM, tippers, drills, dozers etc.

On Monday, Sadbhav Engineering’s shares ended 2.1% down at Rs1,240 on the Bombay Stock Exchange, while the benchmark Sensex closed 2% lower at 16,781 points.

 

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ARSS Infra gets Rs42 crore contract from Northeast Frontier Railway

ARSS Infrastructure Projects Ltd said it received a work order, worth Rs41.56 crore from Northeast Frontier Railway, Maligaon and Guwahati.

On Monday, ARSS Infrastructure shares ended 2.15% down at Rs1,051 on the Bombay Stock Exchange, while the benchmark Sensex closed 2% lower at 16,781 points.

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RMGL achieves financial closure for metro link project in Delhi

Rapid MetroRail Gurgaon Ltd (RMGL), said it achieved the financial closure worth Rs1,088 crore for construction of 6.1 km rail metro link from Delhi Metro Sikanderpur station on MG road to National Highway (NH) 8 in Gurgaon.

RMGL is a joint venture between ITNL Enso Rail Systems Ltd, IL&FS Transportation Networks Ltd and DLF Metro Ltd. RMGL was awarded the contract by Haryana Urban Development Authority on build, operate and transfer (BOT) basis.

On Monday, IL&FS Transportation's shares ended 1.1% down at Rs275 on the Bombay Stock Exchange, while the benchmark Sensex closed 2% lower at 16,781 points.

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