RPP Infra Awarded ₹154.43 Crore Contract by BHEL for Supply of Boiler Structures

RPP Infra Projects Ltd has been awarded a new contract valued at approximately ₹154.43 crores by Bharat Heavy Electricals Limited (BHEL). The scope of the project involves the supply of factory-finished, fabricated boiler structures for the Koderma site in Jharkhand. The project is part of the 2x800 MW Koderma power project and is expected to be completed within 17 months.

Details of the Work Order

The contract, titled “Package-B,” includes the fabrication and delivery of boiler structural components like columns, bracings, beams, trusses, and other items. These are to be produced based on BHEL’s input designs, technical specifications, and quality instructions. The total work order is valued at ₹130.87 crores.

As per BHEL’s terms, RPP Infra must provide a performance security of ₹6.54 crores, calculated based on the project’s order value. A similar amount must be retained as security, which can either be deposited upfront or deducted progressively from running bills. 

Recent Developments

Recently, RPP Infra Projects Ltd. has secured a construction project worth ₹9.47 crores for building a modern District Central Library at Dhanasekar Nagar in Thoothukkudi Municipal Corporation, with a 12-month execution timeline. 

Additionally, RPP Infra has successfully registered 90.175 acres out of a planned 120-acre land acquisition near the proposed Chennai Airport for ₹88.54 crores. The strategically located land, adjacent to major industrial hubs like Samsung and Hyundai, is earmarked for potential developments such as logistics parks, warehousing, and data centres. 

Read more: RPP Infra Secures Water Supply Contract in Chennai Worth ₹81 Crore

Share Price Performance 

As of May 19, 2025, at 10:15 AM, RPP Infra Projects Ltd share price is trading at ₹4,800, reflecting a surge of 2% from the previous closing price. Over the past month, the stock has surged by 5.57%. The stock's 52-week high stands at ₹255.30 per share, while its low is ₹101.30 per share.

Conclusion 

This new contract strengthens RPP Infra’s portfolio in the infrastructure and energy sector. By aligning with major clients like BHEL and executing large-scale projects, the company continues to demonstrate its technical expertise and capability to deliver on complex assignments.
 

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