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| IVRCL bags orders worth Rs 432 cr |
| BS Reporter / Hyderabad Jun 16, 2009, 11:48 IST |
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Hyderabad-based infrastructure major, IVRCL Infrastructures and Projects Limited, has secured orders worth Rs 432.36 crore.
The company's building division has bagged an order valued at Rs 144.56 crore from Mumbai-based Coastal Gujarat Power Limited for design and construction of all main civil works and complete structural works for external coal handling system for Mundra. The project is to be completed in 18 months.
It also got an order from Uttar Pradesh Rajkiya Nirman Nigam Limited for Rs 57.82 crore for construction of Shatabdi hospital building at the CSJM Medical University campus. The construction time is two years.
Indian Oil Corporation Limited gave an order for construction of quarters, estate offices and hospital for Paradip Refinery at a cost of Rs 23.53 crore and is to be completed within 22 months. Hindustan Dorr-Oliver Limited allotted the construction of civil and structural works at Uranium Corporation of India project at Tummalapalle in Andhra Pradesh for Rs 21.51 crore and is to be completed in 12 months.
It also secured a supply and service contract from Power Grid Corporation of India worth Rs 120.85 crore.
The roads division of the company got a project for construction of a road over bridge at Jaggaiahpet-Wyra on the Khazipet-Vijayawada section in Andhra Pradesh. The project is estimated to cost Rs 17.55 crore and is to be completed in 24 months.
The stock of the company was up 1.85 per cent from Rs 319.1 to Rs 325, up by Rs 5.90.
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