GPT Infraprojects Ltd said on August 24 that its wholly-owned subsidiary, Alcon Builders and Engineers Pvt Ltd, has been declared the lowest bidder (L1) for a railway signalling contract worth ₹97.31 crore.
The contract has been awarded by the Office of the General Manager, Northeast Frontier Railway, based in Maligaon, Guwahati.
Under the proposed contract, Alcon Builders and Engineers will undertake the provision of electronic interlocking systems at 10 railway stations on the HDN/HUN route of the Katihar Division.
The stations covered under the contract are ADF (Adina), AZR (Azamnagar Road), KWE (Khurial), MXJ (Mangurjan), TMH (Tinmilehat), CAT (Chatterhat), SUD (Sudhani), TETA (Telta), PJP (Panjipara) and GIL (Gaisal).
The contract is valued at ₹97.31 crore.
Electronic interlocking is a railway signalling system designed to prevent conflicting train movements by ensuring that signals and track equipment operate in a coordinated manner. The installation of such systems forms part of the broader railway network modernisation and safety programme.
GPT Infraprojects disclosed the development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations.
The latest order adds to the railway-focused order pipeline of GPT Infraprojects, with its subsidiary Alcon Builders and Engineers participating in railway signalling and infrastructure projects.