IVRCL bags orders worth Rs 550 crore

Power division wins orders worth Rs 395 crore, building segment Rs 84 cr

Hyderabad-based IVRCL Limited on Monday said the company's power, building and transport divisions have collectively bagged orders worth Rs 550.56 crore.

 

Segment wise, the company's power division secured contractual works worth Rs 394.36 from the Madyanchal Vidyut Vitran Nigam Limited, for the supply of equipment and materials for rural electrification and associated 33 KV works in the unelectrified habitations in Unnao district of Uttar Pradesh. The completion period is 24 months.

 

The building division bagged Rs 83.85 crore worth of works from the Airports Authority of India, Calicut international airport, for the construction of a new international arrival block, internal modification of existing interanational passenger terminal building and associated works at the airport. The work is expected to be completed in 20 months.

 

The company also secured a Rs 72.35 crore contract for the construction of major bridge between Indiranagar and Surbarai in connection with doubling of Viramgam Samakhlai BG section of Western Railway, and the completion period is 18 months, IVRCL informed the Bombay Stock Exchange (BSE).