RPP Infra Projects Loses ₹205.89 Cr Global Sports City Work Order
RPP Infra Projects Limited's ₹205.89 crore work order for Global Sports City, Chennai, has been terminated by SDAT. The termination is due to a decision to restructure and redesign the project. RPP Infra is evaluating the financial implications.
The terminated work order represents a significant portion of the company's order book and project pipeline, leading to a considerable financial impact.
The termination of a significant work order, valued at over ₹205 crore, represents a substantial loss of business and potential revenue for the company.
RPP Infra Projects Limited has announced the termination of a significant work order from the Sports Development Authority of Tamil Nadu (SDAT) for the Establishment of the Global Sports City in Chennai. The original work order, valued at ₹205.89 crore (including GST), was initially intimated on February 20, 2026.
SDAT communicated the termination of the work order on August 12, 2026. The reason cited for the termination is a decision to restructure and redesign the Global Sports City project to create a more comprehensive facility capable of hosting major national and international sporting events, including the Asian Games. This decision was made following a change in the State Government and a subsequent review of various projects.
RPP Infra Projects had already commenced activities and incurred substantial expenditure on the project. The company is currently evaluating the financial and other implications of this termination, including its rights and remedies under the contract. RPP Infra Projects has expressed regret for an inadvertent delay in making this disclosure, attributing it to their efforts to pursue the continuation of the project.
A plain-language summary of a public exchange filing by R.P.P. Infra Projects Limited. Read the original for the full detail.