Vindhya Telelinks secures LOA for four EPC projects

8 Feb 2022 , 03:45 PM

Vindhya Telelinks Limited in Joint Venture with a Partner has received a Letter of Award (LOA) for four new EPC Projects.

The projects name are “Survey, Design, Preparation of DPR, Construction, Commissioning and O&M for 10 years of Rural Water Supply” for total 3787 villages in the districts of Uttar Pradesh from the State Water & Sanitation Mission, Namami Gange & Rural Water Supply Department, Government of Uttar Pradesh.

As per regulatory filing, approximate aggregate value (as per tender estimates) of the above four projects is Rs3787cr plus Rs952cr of Operation & Maintenance (O&M). The exact value will be known after preparation and approval of Detailed Project Reports, said company.

The Projects contract period is of 18 months and is to be operated for 10 years, post commissioning. The JV Partner share in the project may be maximum upto 600 villages, it added.

Vindhya Telelinks ended at Rs1,290 apiece up by Rs19.3 or 1.52% against previous closing of Rs1,270.70 apiece on the BSE.