Twamev Construction and Infrastructure Limited — New Orders, 05-12-2024: Awarding of order(s)/contract(s)

A consortium led by Tantia Constructions Limited, holding a 60% share, has secured a significant order valued at ₹151 crore from the Directorate of Tourism in Shillong, Meghalaya. The contract involves the design, supply, construction, and operation and maintenance of a passenger ropeway at Shillong Peak. This project highlights Tantia Constructions' capacity to undertake large-scale infrastructure projects, potentially bolstering its revenue and growth trajectory. Investors should view this as a positive development, as it aligns with the company's strategic goals in the tourism and transportation sectors.