Simplex Infra lines up Rs 200 capex cr for FY11

Infrastructure company Simplex Infrastructure has planned a capital expenditure of Rs 150-200 crore for the next fiscal, a top company official said.

"We plan a capex of Rs 150-200 crore in FY11 which will be used for construction activities, basically equipments," Simplex Infrastructure Director Amitabh Mundra told reporters here today.

The capex would come through internal accruals and debt, he said.

The BSE and NSE-listed Simplex Infrastructure has interests in ground engineering, industrial building and housing, power, marine, roads, railways and bridges, and urban infrastructure.

At present, the company has an order-book of Rs 11,000 crore, Mundra said.

"Presently, we have a total order backlog of Rs 11,000 crore," Mundra said, adding that the average time required for execution of this order would be 20-months.

The company has also submitted bids for projects worth Rs 40,000 crore, he said.

Simplex's current debt is at Rs 1,300 crore, he said.