Brahmaputra Infrastructure Limited has been declared L-1 (Lowest Bidder) in the name of M/s BIL – GKCPL (JV) for a bridge construction tender valued at ₹89.73 crores. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A of Part A of Schedule III and the SEBI Master Circular on disclosure of material events.
Project Details
- Tender Inviting Authority: Office of the Executive Engineer, Construction Division, PWD B&R Branch, Pathankot
- Project Name: Construction of 44 Span 36.50 Mtr Each High Level Major Bridge (Total Length 1606 Mtr) over River Ravi at Makoura Pattan and Its Approaches (Length 4144 Mtr) in District Gurdaspur and Pathankot (Under CRIF Scheme)
- Project Location: Pathankot, Punjab
- Nature of Work: Bridge construction
- Domestic/International: Domestic
- L-1 Quoted Value: ₹89.73 crores
- Execution Period: 24 months from date of receipt of Letter of Intent/Letter of Award
- Awarded Entity: M/s BIL – GKCPL (JV)
Key Specifications
- Bridge consists of 44 spans, each measuring 36.50 meters
- Total bridge length: 1,606 meters
- Approach road length: 4,144 meters
- Location spans District Gurdaspur and District Pathankot, Punjab
- Project falls under Centrally Sponsored Road Infrastructure Fund (CRIF) Scheme
Corporate Governance Aspects
- No promoter, promoter group, or group companies have any interest in the entity inviting the tender
- The transaction does not fall within related party category as the tender-inviting entity is not a related party of the Company
Current Status
The Company has been declared L-1 bidder. The formal Letter of Intent/Letter of Award from the Authority is awaited. Further updates will be communicated to the stock exchange as required under applicable regulations.
Significance
The project adds to the Company's portfolio of large-scale bridge and road infrastructure projects and reinforces its positioning in executing technically complex, high-value civil infrastructure works for government authorities.