+
Monarch Surveyors Secures Rs 20 Million DPR Contract
ECONOMY & POLICY

Monarch Surveyors Secures Rs 20 Million DPR Contract

Monarch Surveyors has secured a detailed project report contract from the Maharashtra Maritime Board valued at Rs 20 million (mn). The contract was described in a company filing as a detailed project report, commonly abbreviated to DPR, for maritime infrastructure works. The award marks a commercial engagement between the surveyor and the state maritime agency. The assignment will be recorded as a notable contract in the company's order book and will contribute to consultancy income in the current reporting period.

The company indicated that the assignment will involve a survey, engineering assessment and preparation of planning documents required for project approvals. Monarch Surveyors will be responsible for topographical and hydrographic surveys, data analysis and technical recommendations that underpin the DPR. Deliverables will include mapped data sets and technical summaries suitable for submission to regulatory authorities. No further financial terms were disclosed in the filing.

The contract value is the equivalent of two crore rupees converted to million units for standard reporting and will be recorded in the company accounts under consultancy income. Monarch Surveyors is expected to follow statutory and environmental protocols while compiling the DPR, according to the filing. The Maharashtra Maritime Board oversees port and coastal infrastructure development within the state. The company reiterated its commitment to technical rigour and compliance with environmental safeguards while preparing the report.

The company said the engagement aligns with its strategic focus on maritime and infrastructure services and will be executed by its engineering division. Market analysts will monitor the progress of the DPR and any subsequent project approvals that could lead to execution contracts. The schedule for delivery will be disclosed in subsequent filings and the firm will report progress through its standard investor communications. The firm will disclose further developments in subsequent regulatory filings as required.

Monarch Surveyors has secured a detailed project report contract from the Maharashtra Maritime Board valued at Rs 20 million (mn). The contract was described in a company filing as a detailed project report, commonly abbreviated to DPR, for maritime infrastructure works. The award marks a commercial engagement between the surveyor and the state maritime agency. The assignment will be recorded as a notable contract in the company's order book and will contribute to consultancy income in the current reporting period. The company indicated that the assignment will involve a survey, engineering assessment and preparation of planning documents required for project approvals. Monarch Surveyors will be responsible for topographical and hydrographic surveys, data analysis and technical recommendations that underpin the DPR. Deliverables will include mapped data sets and technical summaries suitable for submission to regulatory authorities. No further financial terms were disclosed in the filing. The contract value is the equivalent of two crore rupees converted to million units for standard reporting and will be recorded in the company accounts under consultancy income. Monarch Surveyors is expected to follow statutory and environmental protocols while compiling the DPR, according to the filing. The Maharashtra Maritime Board oversees port and coastal infrastructure development within the state. The company reiterated its commitment to technical rigour and compliance with environmental safeguards while preparing the report. The company said the engagement aligns with its strategic focus on maritime and infrastructure services and will be executed by its engineering division. Market analysts will monitor the progress of the DPR and any subsequent project approvals that could lead to execution contracts. The schedule for delivery will be disclosed in subsequent filings and the firm will report progress through its standard investor communications. The firm will disclose further developments in subsequent regulatory filings as required.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code