Twamev Construction and Infrastructure Limited — Important, 05-02-2025: Updates

Tantia Constructions Limited has received a Letter of Acceptance for the construction of a Road Over Bridge (ROB) from The Braithwaite and Jessop Construction Company Limited. This project will replace Level Crossing No. 476 at Km 1351/8-9 in the Banda-Manikpur section of the North Central Railway, Jhansi Division. The total contract value is approximately ₹37.25 crore (cr), inclusive of GST. The work is expected to commence upon receipt of the letter, with a completion timeframe of 15 months. A performance guarantee of 5% of the contract value, amounting to ₹1.86 crore (cr), is required within 21 days. This development signifies a robust opportunity for Tantia Constructions, enhancing their project portfolio and potential revenue streams going forward.