RPP Infra Projects has bagged an order worth approximately Rs 330 million of TSTRANSCO (Transmission Corporation of Telangana).
The scope of the order will be in the civil work at Tukkapur 400 VK AIS S/S1 - Andhra Pradesh, provided by Siemens. The said work is to be completed within 12 months.
Arulsundaram ,Chairman & Managing Director of RPP Infra Projects said, ''This is significant development for RPP Infra Projects to work with Siemens, India. This is the next development and relationship with Siemens to execute orders in the Domestic Market Siemens and RPP Infra Projects relationship strengthened further and will create better valuation for RPP Infra Projects shareholders.''
Shares of the company gained Rs 2.65, or 0.95%, to trade at Rs 280.40. The total volume of shares traded was 17,033 at the BSE (12.43 p.m., Wednesday).