Asia
Vascon Engineers Gets LOI for INR3.5 Billion Redevelopment Contract
Vascon Engineers (NSE:VASCONEQ, BOM:533156) has received a letter of intent for an order worth 3.47 billion Indian rupees from the Central Public Works Department in Guwahati, India, according to a Wednesday filing to the Indian stock exchanges.The engineering, procurement, and construction contract is for the demolition and redevelopment of the RBI quarters in Guwahati in the Indian state of Assam.The project is expected to be completed within 36 months.
BOM:533156NSE:VASCONEQ