Wholly Owned Subsidiary Declared L1 in Railway Signalling Order Valued at Rs. 134.11 Crore

Alcon Builders and Engineers Pvt Ltd, a wholly owned subsidiary, has been declared L1 (first lowest) in an order valued at Rs. 134.11 Crores from CSTE, Western Railway.

Thu 1 Oct 2026

Contract Value

Rs. 134.11 Crores

Client

CSTE, Western Railway

Subsidiary

Alcon Builders and Engineers Pvt Ltd

Work Scope

Survey, design, supply, installation, testing and commissioning of 4-Aspect Automatic Block Signalling with EI and dual multi section…

Bidding Status

L1 (First Lowest) - lowest bidder position

What was announced

GPT Infraprojects informed the exchanges that its wholly owned subsidiary, Alcon Builders and Engineers Private Limited, has been declared L1 (First Lowest) in an order valued at Rs. 134.11 Crores on Thursday, October 1, 2026.

Details of the order

• Client: CSTE, Western Railway
• Size of contract: Rs. 134.11 Crores
• Nature of contract: Survey, Design, Supply, Installation, Testing and Commissioning of 4-Aspect Automatic Block Signalling with EI and Dual Multi Section Digital Axle Counter at auto hut and other associated works, with suitable alterations in Electronic Interlocking at stations
• Sections covered: Double line (RE) stretches between Nagda-Ujjain-Tajpur, Phanda-Sant Hirdaram Nagar, Ujjain-Karchha and Mangliyagaon-Indore of Ratlam division, Western Railway

What L1 means

Being L1 means the subsidiary has submitted the lowest bid in the tender. The formal letter of award or work order is a separate step that follows the client's process, so the order is not yet confirmed as executed business.

Why it matters

Railway signalling work of this size adds to the group's prospective order pipeline through its subsidiary, and indicates continued business flow from Indian Railways clients. The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

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