Univastu India Secures ₹485.67 Crore Mumbai Metro Contract
Univastu India Limited received a Letter of Acceptance from IRCON International Limited for the Mumbai Metro Rail Project, Line 6. The contract is valued at approximately ₹485.67 crore and includes design, supply, installation, and commissioning of power supply and traction systems, along with a 5-year maintenance period.
The contract value is substantial and pertains to a major infrastructure project, which is expected to have a considerable positive impact on the company's financials and market position.
The company has secured a significant new order, which is a positive development for its business and revenue outlook.
Univastu India Limited has announced the receipt of a Letter of Acceptance dated 24.02.2026 from IRCON International Limited for a significant project related to the Mumbai Metro Rail Project of MMRDA. The contract, valued at approximately ₹485.67 crore (INR 4,85,67,40,122.15) and EURO 2,679,469.73 (excluding GST and Customs Duty), involves the Design, Manufacture, Supply, Installation, Integration, Testing, and Commissioning of Power Supply and Traction, E & M, Lifts, and Escalators for Line 6 (Swami Samarth Nagar to Vikhroli EEH).
The scope of work also includes a comprehensive maintenance period of 5 years, following a 2-year defect liability maintenance period. This order is expected to bolster the company's presence in the metro rail infrastructure segment and enhance its revenue visibility over the medium to long term. The project requires specialized metro rail electrical, traction, and power supply systems, underscoring Univastu India's execution capabilities in complex infrastructure works. The award from IRCON International Limited, a Government of India enterprise, highlights the company's role in nationally significant infrastructure development.
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Univastu 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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