You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

New order win boosts RPP Infra Projects

Capital Market 

RPP Infra Projects advanced 2.56% to Rs 70 after the company informed that it has received a letter of acceptance for a new project worth Rs 176.58 crore.

RPP Infra Projects - RPP-SMC (JV) has received a letter of acceptance for a new project - "TNRSP II/EPC14 - strengthening and widening (four lane) of Triuneveli-Sengottai-Kollam Road of SH-39 from km 5+000 to km 27+700 (Package-I)".

RPP Infra Projects (60% holding) along with its JV partner (40% holding) will invest in the project as per their capacity of holding and complete the above project within the decided timelines.

The announcement was made during market hours today, 18 February 2021.

RPP Infra Projects is engaged in construction across multiple infrastructure verticals like roads, buildings, industrial structures, power, irrigation and water management.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, February 18 2021. 10:32 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU