Nila Infrastructures Limited — New Orders, 25-03-2025: Bagging/Receiving of orders/contracts
Nila Infrastructures Limited has announced a board meeting to discuss the receipt of another work order for the 'Finishing Work' of the Ramapir no Tekro slum redevelopment project, which includes the construction of 1,694 residential flats. This new order, awarded by Shree Infracon Private Limited, has a total contract value of ₹63.52 Crore and is expected to be executed over 10 months, along with a 7-year operation and maintenance liability.
This update signals continued business growth and operational stability for the company, enhancing investor confidence. With this project, Nila Infrastructures is poised to strengthen its position in the slum rehabilitation sector, reflecting a positive outlook for future revenues and project execution capabilities.
