RPP Infra Projects Share Price Jumps Over 7% Following ₹205.89 Crore EPC Order

RPP Infra Projects Ltd has secured a work order valued at ₹205.89 crore for the establishment of a Global Sports City in Chennai.  

The order has been awarded by the Sports Development Authority of Tamil Nadu (SDAT), as per the company’s disclosure dated February 20, 2026. 

The total contract value is ₹205,89,14,000, inclusive of 18% GST. The project will be executed under the engineering, procurement, and construction (EPC) mode. 

Scope of Work 

The assignment covers design, engineering, procurement, and construction of the proposed sports facility. The tender for the project was opened on 7 February 2026, and the negotiated value was accepted on 18 February 2026. 

The contract forms part of SDAT’s plan to develop a Global Sports City in Chennai. It has been awarded to RPP Infra as a domestic entity and does not involve related party transactions. 

Timeline and Compliance 

The company has been given 18 months from the date of handing over the site to complete the work. The project must be executed in line with the standards and specifications outlined in the tender documents. 

Within 21 days of receiving the work order, RPP Infra is required to submit a time and progress chart, including quarterly milestones and details of manpower, materials and machinery deployment. 

Read More: KPI Green Energy Completes 92.4 MW Wind Project in Gujarat! 

RPP Infra Projects Share Price Performance  

As of February 20, 2026, 3:30 pm, RPP Infra Projects share price closed at ₹84, a 7.57% increase from the previous closing price. 

Conclusion  

The performance security will remain valid for 36 months, covering the defect liability period. A formal agreement between the company and SDAT will be executed on a ₹100 non-judicial stamp paper before the contract is treated as complete. 

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