AVP Infracon Limited — New Orders, 01-02-2025: Bagging/Receiving of orders/contracts

AVP Infracon Limited has received a Letter of Acceptance from the Superintending Engineer of Highways Construction and Maintenance for a significant project involving the widening of the Tiruvannamalai Circle road in Tamil Nadu. The contract, valued at approximately ₹86.54 crore, includes key enhancements such as widening from two lanes to four, improving culverts and bridges, and constructing a center median and retaining walls. The expected completion for this project is set at 18 months. This development not only solidifies the company's capabilities in infrastructure projects but also presents a promising growth opportunity in the domestic market. Investors should watch closely as this order adds to the company’s operational footprint and revenue potential.