Monarch Surveyors and Engineering Consultants Limited has secured a Rs 2.17 crore order for preparing a Detailed Project Report (DPR) for a New Marine Shipyard Cluster (MSC) in Raigad, Maharashtra.
According to a BSE filing, the project includes geotechnical investigation and topographic survey at Dighi, District Raigad. The order is a significant development for the company.
The project involves preparation of a Detailed Project Report for the Marine Shipyard Cluster, which will be completed as per the Letter of Acceptance. The company will receive cash consideration of Rs 2,16,82,500 for the project. The work is subject to necessary approvals from governmental authorities.
The contract was awarded by a domestic entity, and the company will complete the work as per the Letter of Acceptance. The project is expected to positively impact the business operations of the company. The company has a strong presence in the engineering consultancy sector.
The order adds to the company’s existing pipeline of projects and strengthens its position in the engineering consultancy sector. Monarch Surveyors and Engineering Consultants Limited has a diverse portfolio of projects, and this order reinforces its capabilities in the sector.
This order reinforces Monarch Surveyors position as a leading player in the engineering consultancy sector. The company’s expertise in preparing Detailed Project Reports and conducting geotechnical investigations has been recognized by the client.
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