Dhruv Consultancy Services Secures Maharashtra Road Consultancy Contract

Contract Value: Rs 3.79 crore | Project Duration: 365 days

Reader Takeaway: This contract adds to the company’s infrastructure project pipeline, though timely deposit of performance security remains essential.

What just happened

Dhruv Consultancy Services Ltd has been awarded a consultancy contract by the Public Works Division of the Government of Maharashtra. The Letter of Award (LOA) was issued on September 21, 2026, and received by the company on September 23, 2026. The contract is valued at Rs 3.79 crore, excluding GST.

Project Scope and Details

The company will provide consultancy services for the preparation of Detailed Project Reports (DPR), feasibility studies, and surveys. The scope includes land plan preparation and climate change mitigation studies for the widening of roads to two lanes with paved shoulders. The project covers a total length of 249.20 km across the Nanded, Latur, and Parbhani districts. This work is part of an Asian Development Bank-supported initiative operating under the EPC mode.

Risks to watch

As with all infrastructure consultancy projects, the company is required to furnish a performance security deposit within 10 days of the LOA issuance. Investors should track the official confirmation of this deposit to ensure the project commences as scheduled. Execution risk, though standard, depends on meeting the 365-day delivery timeline.

What to track next

Watch for updates on the project’s official commencement and the impact on the company’s order book in subsequent quarterly filings.