Mumbai, Dec. 24 -- The extensions have been awarded through a Quality and Cost Based Selection (QCBS) process and pertain to three clusters-Lucknow, Devipatan and Chitrakoot.
Based on the company's estimates linked to the underlying project costs, the total value of work orders for the extended duration is pegged at Rs 107.07 crore. However, the actual contract value will depend on the execution achieved by the respective contractors during the extension period.
For the Lucknow cluster, the contract has been extended till March 31, 2027, with an estimated work order value of Rs 69.43 crore for the extended period. Ceinsys Tech had originally received the letter of award for this cluster in FY22, which was subsequently extended up to Feb...
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