Ahluwalia Contracts Secures ₹3,069.70 Crore Order from CPWD
Ahluwalia Contracts (India) Limited has secured a domestic civil construction order worth ₹3,069.70 Crores from the Central Public Works Department. The project, part of the Central Vista Project, involves constructing the Common Central Secretarial Building 8 & 9 in New Delhi and is to be executed within 21 months.
The order value of ₹3,069.70 Crores is substantial and represents a significant addition to the company's order book, likely impacting its financial performance positively.
The company has secured a large new order, which is a positive development for its business and revenue prospects.
Ahluwalia Contracts (India) Limited has announced securing a significant new project worth ₹3,069.70 Crores (including GST) from the Central Public Works Department (CPWD), New Delhi, under the Central Vista Project Division -12.
The contract involves the construction of the Common Central Secretarial Building 8 & 9, located at Plot No. 23 B & C, Maulana Azad Road, New Delhi. This is an EPC (Engineering, Procurement, and Construction) project.
The order is from a domestic entity, and its nature is civil construction. The execution period for this project is stipulated to be 21 months. Ahluwalia Contracts (India) Limited has confirmed that neither the promoter nor any group companies have an interest in the awarding entity, and the contract does not fall under related party transactions.
What to do with a filing like this
Ahluwalia Contracts (India) Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Ahluwalia Contracts (India) Limited. Read the original for the full detail.