Unity Infraprojects bags an order worth Rs 99.74 cr in MP
- The said order is for construction of the Main Canal, its distribution network and service road
- The company has secured orders worth Rs. 531 cr in the current quarter
- Company Order book as of today stands at Rs. 3600 cr.
Unity Infraprojects Ltd., (BSE: 532746), one of India’s major civil contracting firms has bagged an order in the irrigation space for the construction of Harsi High Level Main Canal, in Gwalior, Madhya Pradesh.
The order is for Construction of Harsi High Level Main Canal, Earth work, cement concrete lining by paver machine for main Canal cast in Situ for distribution network all in concrete Structure W.B.M. Service Road for main Canal and Muroom topped Road for distribution network (except agreement work of main Canal) from Km 30 to Km 65 and its entire distribution Network system of distributaries minors and sub-minors up to 40 ha chak and Sindh phase II. The said project is to be completed by the Executive Engineer of Harsi High Level Canal Division Dabra Dist of Gwalior within a period of 18 months.
Other orders bagged in the Quarter:
- An order for concrete pavement of city roads in Nagpur by Nagpur Municipal Corporation worth Rs. 77.50 cr.
- An order given by Indian Institute of Science Education and Research, Pune in the construction space worth 66.21 cr
- Order for two-laning of road section from Chomu to Mahal via Renwal, Jobner from Public Works Department, Jaipur worth Rs.198 cr.
- Order is for construction of IRDA office complex from Andhra Pradesh Industrial Infrastructure Corporation Ltd worth Rs. 57.05 cr.
- Order for construction of new Buildings from Ministry of Earth Sciences worth Rs. 32.24 cr.
The Order book status of the company as of today stands at Rs. 3600 cr.
Commenting on the results, Mr. Abhijit K. Avarsekar, Vice Chairman and Managing Director, Unity Infraprojects Ltd. said, “I am pleased to note that Unity has bagged a total of approximately 531 cr in the current quarter and is emerging as strong player in India, now establishing its presence in Madhya Pradesh. We hope to secure more orders in the coming quarters, delivering maximum growth value to our investors.”
About Unity Infraprojects Ltd
Unity Infraprojects Ltd. provides integrated engineering, procurement and construction services for civil construction and infrastructure sector projects. Besides civil construction, the company’s project expertise includes transportation engineering, irrigation, water supply and urban infrastructure projects. Unity is the flagship unit of the Mumbai based KK Group of Companies which has interests across a wide spectrum of businesses such as concrete block manufacturing and quarrying, hospitality and organized retailing industries.
With an established presence in engineering, irrigation and transportation, Unity is successfully diversifying its business model. Some of the landmark projects done by Unity are Expansion & Modification at Chhatrapati Shivaji International Airport, Mumbai; Millennium Business Park in Navi Mumbai; Mass Housing Projects for DDA in Delhi; New Secretariat Complex in Assam; Tsunami Re-construction Project in Andaman & Nicobar Islands; Jupiter Mills in Mumbai; Nizam Institute of Medical Science in Hyderabad; High Court in Karnataka.
Unity also has presence in real estate and BOT space. The company is ISO 9001-2008, ISO 14001-2004 and OHSAS 18000-2007 certified with accreditation from the ANSI-ASQ National Accreditation board. It has a market capitalization of approximately Rs. 515 cr.; and is listed in BSE & NSE.