Monarch Surveyors and Engineering Consultants Limited has received a Letter of Acceptance (LoA) from West Central Railway for an assignment valued at ₹48.10 crore. The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Quantitative Figures
The contract value is ₹48.10 crore.
Project Scope and Services
The company will conduct Final Location Surveys (FLS) and provide associated engineering and planning services for railway infrastructure development projects. The specific scope includes:
- Preparation of Detailed Project Report (DPR)
- Geotechnical investigations
- Signaling works
- Electrical works
- Operating/traffic works
- Services for construction of electrified new lines, doubling, third and fourth lines
- Flyover and bypass-line works
Project Timeline and Conditions
The project is scheduled for completion within 36 months from the date of issuance of the LoA. The assignment is subject to requisite approvals from relevant government authorities.
Strategic Significance and Management Commentary
The order deepens Monarch's presence in railway infrastructure consultancy and reflects the company's integrated capabilities across surveying, engineering, technical investigations and project planning.
Mr. Sunil Kokare, Director – Business, stated that the order "marks another meaningful milestone for Monarch" and "adds further strength to our order book."
Mr. Santosh Desai, Technical Director – Transportation, added that "with India's continued focus on railway network expansion, modernisation and improved connectivity, we see strong long-term opportunities in the sector."
Additional Information
The press release will be available on the company's website at https://www.monarchltd.com/.