Monarch Surveyors bags Rs 2-cr DPR contract from Maharashtra Maritime Board
Mumbai, June 4 -- The order entails the preparation of a Detailed Project Report (DPR) for the proposed Marine Shipyard Cluster (MSC) at Dighi in Raigad district, Maharashtra. The scope of work also includes geotechnical investigation and topographic survey services for the project.
The company said the contract is subject to obtaining the necessary approvals from relevant government authorities and will be executed in accordance with the terms specified in the Letter of Acceptance. The contract has been awarded on a cash consideration basis.
The company further clarified that the transaction does not qualify as a related-party transaction and that neither its promoters nor promoter group entities have any interest in the contract.
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