Jost's Engineering Company Ltd's JV receives LOI from Rajasthan Rajya Vidyut Prasaran Nigam Ltd. for 3 projects.

Jost's Engineering Company Limited alongwith its Joint Venture Partner has received Letter of Intent (LOI) from Rajasthan Rajya Vidyut Prasaran Nigam Limited in respect of 3 (Three) Projects. The details are as follows:

A) Total Project cost of Rs. 108.14 crores (including GST) for "Construction of various 220kV and 132kV Transmission Lines in Rajasthan at Sawai-Madhopur, Baran, Dausa & Jaipur Districts Including Survey, Supply of All Equipment's/ Materials, Erection (Including Civil Works), Testing and Commissioning". Jost's Engineering Company Limited share in the total project cost is Rs. 40.24 Crores (including GST).

B) Total Project cost of Rs. 111.92 Crores (including GST) for "Construction of various 220 KV and 132 KV Transmission lines in Rajasthan at Dholpur, Bharatpur & Alwar Districts including survey, supply of all equipment's/ materials, erection (including civil works), testing and commissioning". Jost's Engineering Company Limited share in total Project cost is Rs. 43.20 Crores (including GST).

C) Total Project cost of Rs. 142.90 Crores (including GST) for Construction of various transmission elements 220 & 132 kV associated lines at 220 kV GSS Chain Pura Chhota (Tehsil-Rajgarh (Distt Churu) including survey, supply of all equipment's/materials, erection (including civil works), testing and commissioning". Jost's Engineering Company Limited share in total Project cost is Rs. 57.25 Crores (including GST).

EQUITYBULLS