J.Kumar Infraprojects Limited — New Orders, 15-01-2025: Awarding of order(s)/contract(s)

J. Kumar Infraprojects Limited has received a Letter of Award from NBCC (India) Limited for the "Development of Silicon City Phase-IV Group Housing" project in Noida, valued at approximately Rs. 1,073.39 Crore, which includes all applicable taxes and levies. The project is structured on a Design, Engineering, Procurement, and Construction (EPC) basis, with an additional two years for operation and maintenance (O&M). The execution cost amounts to Rs. 1,057.99 Crore, while the O&M cost is Rs. 15.40 Crore. The contract price will adjust for any fluctuations in the GST rate as stipulated by the Government of India. The project is expected to be completed over a 24-month timeline. This significant contract marks a positive development for the company, enhancing its order book and demonstrating its capability in handling large-scale infrastructure projects. Investors should keep an eye on the execution of this project as it could lead to future growth opportunities.