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RPP Infra Projects has secured a Letter of Acceptance worth ₹105.70 crore from the Tamil Nadu Slum Clearance Board for construction of 972 tenements at Moorthingar Street in Chennai. This project falls under the prestigious Housing for All (PMAY) scheme of the Government of India. RPP Infra’s order book at the end of Q3 FY19 stood at over ₹1,555 crore and it has won new orders worth over ₹490 crore after the third quarter. Shares of RPP Infra closed at ₹104.25, down 2.3 per cent on the NSE.
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