Mumbai, Aug. 29 -- According to an exchange filing, the project involves electro-mechanical works comprising 33/11 kV and 11/0.433 kV GIS substations, HT and LT cables, DG sets, lighting, UPS systems, ventilation systems, fire-fighting systems and other associated works for Tunnels T-13, T-14, T-15 and T-16 under Package E-4.
The order is scheduled to be executed within 30 months from the date of commencement. The company will be required to submit a performance bank guarantee of Rs 25.51 crore to RVNL. The defect liability period for the project is two years.
The company clarified that the contract does not constitute a related-party transaction. It added that neither the promoters nor members of the promoter group have any interest in t...