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IVRCL bags Rs 960-crore orders

The water and power divisions of the company have also bagged contracts worth Rs 314.75 cr and Rs 48.07 cr respectively

K Rajani Kanth  |  Hyderabad 

The irrigation, water and power divisions of Hyderabad-based infrastructure major, IVRCL Limited, have bagged orders aggregating Rs 959.04 crore.

These include a Bura irrigation and settlement scheme rehabilitation project awarded by the National Irrigation Board, Nairobi, Kenya, valued at Rs 471.52 crore, and a Rs 124.70-crore order for construction of irrigation water tanks, including annexed building and infrastructure, in Kuwait.

The water and power divisions of the company have also bagged contracts worth Rs 314.75 crore and Rs 48.07 crore respectively, for executing works in Bharatpur, Jodhpur and Bhopal, the company said in a press release on Monday.

IVRCL’s scrip is currently trading at Rs 48.95 on the BSE, up 4.26%, over the previous close of Rs 46.95.

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First Published: Mon, September 24 2012. 11:45 IST
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