RPP Infra Projects has announced its entry into Gujarat with the bagging of new orders worth ₹72.20 crore from the Gujarat Water Supply & Sewage Board, in a joint venture.
The company has 40 per cent share in the joint venture. RPP Infra has secured an order worth ₹40.50 crore for Package 6 of the Samarsingi cluster and has received a letter of intent for ₹31.70 crore for Package 7 of the Tanachhiya cluster.
The projects are expected to be completed in 24 months. The stock of RPP Infra jumped 8.83 per cent at ₹100.40 on the NSE.