Brahmaputra Infrastructure535693Major contract win

Receipt of Letter of Acceptance worth Rs. 89.73 Crore for Ravi bridge work in Punjab

Brahmaputra Infrastructure Ltd. – Gaaneshkartikey Pvt. Ltd. (JV), with the company as lead member, has received a Letter of Acceptance (LOA).

By ScoutQuest · Wed 4 Nov 2026, 12:14 PM IST · 3 min read

Contract Value: Rs. 89.73 crore (Rs. 89.73 Crore), the quoted bid price
Scope of Work: 44-span high level major bridge (1,606 mtr) over River Ravi and approaches (4,144 mtr)
Execution Period: within 24 months from commencement

What the company has told the exchanges

Brahmaputra Infrastructure Ltd. has intimated that a joint venture in which it is the lead member has received a Letter of Acceptance (LOA) from a Punjab government department for a bridge project. The update uses the word "receipt" — this is an acceptance letter for the work, and the company has stated the contract value at which the work is to be taken up.

Who is involved

The LOA has been issued to Brahmaputra Infrastructure Ltd. – Gaaneshkartikey Pvt. Ltd. (JV), in which Brahmaputra Infrastructure Ltd. is the lead member.
The awarding authority is the Executive Engineer, Construction Division, Public Works Department (B&R) Branch, Pathankot, Government of Punjab.
The work is covered under the Central Road and Infrastructure Fund (CRIF) Scheme.

The project

Construction of 44 Span 36.50 mtr each High Level Major Bridge, with a total bridge length of 1,606 mtr, over River Ravi at Makoura Pattan.
Along with its approaches of length 4,144 mtr, in District Gurdaspur & Pathankot in the State of Punjab.

Money and timelines

Contract value: Rs. 89.73 crore (Rupees Eighty Nine Crore Seventy Three Lakh only), i.e. Rs. 89.73 Crore, stated to be the quoted bid price.
Performance Security: 3%, i.e. ~Rs. 2.69 crore, to be furnished within 30 days of receipt of the LOA, extendable up to 60 days on payment of damages.
Execution period: within 24 months from the date of commencement / appointed date, as per the terms of the RFP / Contract Agreement.
The LOA was received by the company on 03.11.2026.

Other terms flagged in the update

Return of the duplicate LOA as acknowledgement and signing of the Contract Agreement as per Clause 1.3 of the RFP.
The contract is described as an engineering and construction contract in the ordinary course of the company's business.
The awarding entity is a domestic entity (a State Government department), and the contract is a domestic one.
The update states that the promoter / promoter group / group companies have no interest in the entity that awarded the contract, and that the contract does not fall within related party transactions.

How a reader can look at this

The announcement adds to the company's order book a construction contract stated at Rs. 89.73 Crore, awarded through a State government department under a central infrastructure funding scheme.
Two things sit alongside the headline number: the award is to a joint venture in which the company is the lead member, and the value is the quoted bid price.
The obligations that follow before work starts are the acknowledgement of the LOA, signing of the contract agreement, and furnishing of the ~Rs. 2.69 crore performance security within the stated window.
Revenue from the contract would be earned over the execution period of up to 24 months from commencement, so the value is spread over time rather than arising at once.

What to watch

Commencement / appointed date, from which the 24-month execution clock starts.
Progress on signing the contract agreement and furnishing the performance security.

Also from Brahmaputra Infrastructure