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Vascon Engineers secures LoI worth Rs 225.46 crore

24 Apr 2025 Evaluate

Vascon Engineers has received Letter of Intent (LoI) amounting to Rs 225.46 crore (excluding GST & Labour Cess) from Royal Rides for ‘Construction of Two Terminal Buildings along-with Ropeway Tower works at Panaji and Reis Magos, Goa’. The work has been awarded on ‘Design and Build basis’. The work has to be completed within 36 months from Letter of Intent. 

Vascon Engineers and its subsidiaries are engaged in the business of Engineering, Procurement and Construction services (EPC), Real Estate Development and Manufacturing of Clean Room Partitions.

Peers
Company Name CMP
Larsen & Toubro 3620.50
Kalpataru Projects 1403.00
NCC 119.95
Rail Vikas Nigam 187.10
KEC International 349.85
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