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RPP Infra Share Price Hits 5% Upper Circuit After Securing ₹365.85 Crore Jal Jeevan Mission Order

Written by: Team Angel OneUpdated on: 11 Jul 2025, 5:12 pm IST
RPP Infra hits 5% upper circuit after bagging a ₹365.85 crore order under the Jal Jeevan Mission to supply water in Ajmer rural blocks.
RPP Infra Share Price Hits 5% Upper Circuit After Securing ₹365.85 Crore Jal Jeevan Mission Order
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RPP Infra has secured a significant order worth ₹365.85 crore under the Jal Jeevan Mission (JJM). Here’s a detailed look at what this new order entails and its implications.

Jal Jeevan Mission Contract Win Drives Momentum

RPP Infra has announced that its joint venture, M/s RPP-BCC IV, received the Letter of Acceptance (LoA) from the Public Health Engineering Department (PHED), Ajmer. The contract, valued at ₹365.85 crore including GST, is for retrofitting work to provide water supply through Functional Household Tap Connections (FHTCs) across 202 main habitations and 355 other habitations in the Ajmer Rural, Arain, and Silora blocks of Ajmer district.

The project is aligned with the central government’s Jal Jeevan Mission and will include a 10-year operation and maintenance period following a one-year defect liability phase.

Scope And Duration Of The Project

The entire project must be executed within 20 months from the date of commencement. The responsibilities include mobilisation, design, construction, installation, testing, commissioning, and trial runs. The maintenance obligation extends for a decade post-completion, highlighting the project's long-term nature.

RPP Infra, as the lead member in the joint venture, holds a 51% share. This reinforces the company’s expanding footprint in the rural water infrastructure segment, especially in government-backed mission-mode projects.

Terms And Specifications Governed By PHED

The work will be carried out under the direct supervision of the Superintending Engineer and Executive Engineer of PHED, Ajmer. The contract will adhere strictly to the specifications laid out in the tender documents and the Quality Assurance Manual issued by the department. All terms, including mobilisation and resource deployment, have been outlined clearly to ensure transparency and accountability.

₹3,370.32 Crore Work Order Book

In addition to this new contract, RPP Infra reported a robust order book totalling ₹3,370.32 crore as of 11 July 2025. This indicates sustained business traction and visibility for future revenue, especially in the infrastructure development space.

RPP Infra Projects Share Price Performance 

As of 11:26 AM on July 11, 2025, RPP Infra Projects share price witnessed a 5% upper circuit, trading at ₹144.41.

Read More: Zee Entertainment Share Price Falls Over 6% as Fundraising Proposal Gets Rejected

Conclusion 

The ₹365.85 crore order under the Jal Jeevan Mission adds substantial value to RPP Infra's project pipeline. With a strong presence in public infrastructure projects and a growing order book, the company continues to position itself as a key player in government-driven rural development initiatives.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jul 11, 2025, 11:42 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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