Unity Infraprojects JV Secures contract worth Rs 621 cr from MCGM

Unity Infraprojects Ltd., (BSE: 532746), and Axelia Utility Management Pvt Ltd, have jointly bagged two contracts aggregating Rs 620.76 crores from Municipal Corporation of Greater Mumbai. The orders are for supply, installation and maintenance of AMR water meters of various sizes for the Eastern and Western Suburbs of Mumbai. Unity Infraprojects has to execute the installation of the water meter within the span of 18 months and has to carry maintenance work for another 5 years.

A week ago, Unity Infraprojects had also bagged Rs. 325 crores order from Municipal Corporation of Greater Mumbai  (MCGM) for replacement of two pipelines of 1800 mm dia. existing riveted Tansa mains from Tansa to Tarali by one No. 2750 mm dia.  M.S. all welded pipe line in the H.E.'s outside City division, Section III - From Chinchavali to Tarali to be completed in 45 months.

Speaking about the order bagged, Mr. Kishore K. Avarsekar, Chairman and Managing Director, Unity Infraprojects Ltd. said, “As a company, we have seen this opportunity ahead of others. For this project MCGM has opted for Unity Infraprojects and we will execute this project before the scheduled time frame. The number of projects Unity Infraprojects has bagged till today is very much encouraging and promising.”

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 9001-2000, ISO 14001-2004 and OHSAS 18000-2007 certified with accreditation from the ANSI-ASQ National Accreditation board. It has a market capitalization of over Rs. 5116.60 million; and is listed in BSE & NSE.