Interarch Bags ₹83 Crore Domestic Order for Energy Transmission Project

A company called Interarch Building Solutions got a big job worth about Rs 83 crore.

The job is to build special steel buildings for an energy transmission project.

These buildings are made from steel parts built in a factory and then put together at the project site.

The company will handle the design, engineering, manufacturing and supply of the steel building system.

The work is expected to take about 16 months to finish.

The customer's name is being kept secret for now because of confidentiality rules and business reasons.

The company will receive 10 percent of the payment in advance.

This deal is not connected to any business owned by Interarch's promoters, so it is an independent contract.

Interarch told the country's two main stock exchanges about the order, as required by the rules.

This new order gives the company work visibility for the next 16 months.