RPP Infra Projects Secures ₹66.26 Crore Contract for New Mangalore Port Roofing Shed
R.P.P. Infra Projects Limited has announced the receipt of a Letter of Acceptance (LoA) from Indian Port Rail & Ropeway Corporation Limited (IPRCL), a Government of India enterprise. The LoA pertains ...
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Why is R.P.P. Infra Projects Limited in the news today?
R.P.P. Infra Projects Limited (RPPINFRA) is in the news due to the company has secured a new order from a government enterprise, which is a positive development for its business.
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RPP Infra Projects Secures ₹66.26 Crore Contract for New Mangalore Port Roofing Shed
December 23, 2025, 12:35 PM
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R.P.P. Infra Projects Limited has announced the receipt of a Letter of Acceptance (LoA) from Indian Port Rail & Ropeway Corporation Limited (IPRCL), a Government of India enterprise. The LoA pertains to the "Detailed Engineering, Procurement and Construction of Roofing Shed to the Railway Lines in the Marshalling Yard at New Mangalore Port Authority, Mangalore".
The accepted contract value for this project is ₹66,25,85,000 (Rupees Sixty-Six Crores Twenty-Five Lakhs Eighty-Five Thousand only). The project is slated for completion within six (6) months from its commencement date.
The company received the signed copy of the LoA on 23rd December 2025. As per the terms, RPP Infra Projects is required to furnish a Performance Security equivalent to 5% of the contract amount within 28 days of the LoA issuance. The contract agreement is also to be signed within 28 days. The commencement of work activities, resource mobilization, and submission of the execution program are to be completed within 7 days of the LOA issuance.
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