Rcr bags ₹160 crore contract from Madhya Pradesh PSU
1 report, 1 independent
Updated Sep 1
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Rcr announced it had secured a contract valued at approximately ₹160 crore from a Public Sector Undertaking in Madhya Pradesh. The contract involves the Road-cum-Rail (RCR) mode operations for the lifting of pond ash and fly ash. The work is scheduled to be executed over a period of 18 months and may be extended based on mutual consent.
From livemint.com
Why it matters
The contract is a domestic award and does not involve any interests of Rcr's promoter or promoter group. The award provides a substantial new revenue stream for Rcr through the execution of the RCR mode operations.
From livemint.com
Who's involved
- RcrRecipient of the contract for ash lifting operations.
- Madhya PradeshLocation of the Public Sector Undertaking that awarded the contract.
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The entities involved
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Rcr
Nothing else this week.
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Mumbai
capital city in Maharashtra, India
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Madhya Pradesh
state in central India
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