RPP Infra Projects Deal: RPP Infra Projects Ltd got a big new job worth Rs. 125.92 crore from the Chief Construction Engineer (R&D)W Pune. The deal is a big step for the company because it will work on a project for the Ministry of Defence. The work will be done at the National Academy of Defence Financial Management, also called NADFM, in Pune.
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Contract Details
The project, awarded by the Ministry of Defence, involves the construction of critical infrastructure for the National Academy of Defence Financial Management (NADFM) in Pune. Here’s a breakdown of the key aspects of the contract:
| Aspect | Details |
|---|---|
| Project Scope | Civil works for office, training building, and residential accommodation |
| Contract Value | Rs. 125.92 crore |
| Execution Timeline | 36 months (Oct 24, 2025 – Oct 23, 2028) |
| Client | Chief Construction Engineer (R&D)W Pune |
| Funding | Government of India, Ministry of Defence DRDO |
Financial Terms
The contract includes several financial provisions that are standard in government projects:
- Mobilization Advance: 10% of the contract price
- Initial Security Deposit: 2.5% of the contract price
- Performance Bank Guarantee: 7.5% of the contract price
Building for Defence
This project is very special because it is for a defence department. The National Academy of Defence Financial Management trains people in financial work for the defence sector. The new buildings will help in giving better training and support to those who handle money matters for the military.
Getting this project is a big win for RPP Infra Projects. It shows that the company is becoming strong in government work and defence projects. The deal adds a big amount to the company’s total project list, which will help its business grow. The job will take 36 months to finish, which means the company will have work and income coming for the next three years.
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Historical Stock Returns for RPP Infra Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| –1.56% | –3.32% | –19.13% | –25.42% | –39.41% | +199.42% |
How is the Market Affected?
Right now, it is not sure how the stock market will react to this news, but usually deals like this make investors happy. Many people think that a company linked with a big defence project will get more trust from the public. It can also help the company get more such jobs in the future from the government.
Experts think this deal could make RPP Infra Projects stronger in the long run. If the company finishes the work well, it will show that they can handle big and serious projects.
