Contract Details

  • Awarding Entity: Vidarbha Irrigation Development Corporation, Nagpur Office of Executive Engineer, Gosikhurd Right Bank Canal Division, Bramhapuri
  • Contract Reference: Letter No. 1370/GRBC/TC/2026 dated 09th June, 2026 and Agreement No. B-1/05/DL/2026-2027
  • Project Description: Construction of Adyal Lift Irrigation Scheme under Gosikhurd Project, Tal. Bramhapuri, Dist. Chandrapur
  • Contract Value: ₹260,53,36,041/- (Two Hundred Sixty Crore Fifty-Three Lakh Thirty-Six Thousand Forty-One Rupees)
  • Execution Timeline: 33 months
  • Geographic Scope: Domestic project

Joint Venture Structure

  • JV Name: M/s. Adyal L.I.S. (JV)
  • Sobhagya Mercantile Limited Participation: 40% member
  • Joint Venture Partner: S. S. Fabricators & Manufacturers Private Limited (60% stake)

Financial Commitments

  • Initial Security Deposit: ₹2,61,29,200/- (Two Crore Sixty-One Lakh Twenty-Nine Thousand Two Hundred Rupees) deposited in the form of Bank Guarantee
  • Stamp Duty Paid: ₹25,00,000 (Twenty-Five Lakh Rupees) for contract documentation
  • Agreement Execution Date: 09th June, 2026

Related Party Considerations

  • Promoter/Promoter Group Interest: No interest in the entity that awarded the contract
  • Related Party Transaction: Not applicable - transaction is at arm's length