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Continental Construction Ltd.

BSE: 507956 Sector: Infrastructure
BSE 05:30 | 01 Jan Continental Construction Ltd
NSE 05:30 | 01 Jan Continental Construction Ltd

Continental Construction Ltd. (CONTNLCONS) - Company History

Incorporated in Dec.'62 as a private limited company, Continental Construction (CCL) was promoted by S S Basi, and C L Verma. It was converted into a public limited company in Jan.'83. It is engaged in the construction of hydro-electric and irrigation projects (such as dams, power houses, barrages, and tunnels), marine works (such as dry docks, locks, jetties, and berths), airport runways, water and sewerage turnkey projects, pipelines, vertical grain silos, heavy foundations, deep drilling, open cast mining, and industrial complexes, etc. The company made its entry into the overseas construction market in 1975 by constructing a fibre-board factory at Abu Suhair. It was the first civil construction contract awarded by the Iraqi government to an Indian company. CCL was again the first Indian company to have secured a turnkey project (Rockhil Dam Construction) in Libya in 1977. It has received various awards from the Engineering Export Promotion Council. Currently, it is one among the very few Indian companies to have secured sizeable construction contracts overseas. The works at Mahi Aqueduct project, Kodasalli Project and Naval Drydock at Mumbai has successfully been completed during the year 1999-2000. Also, during the year, the company has been awarded a service contract for the construction of water tank of Abu Aisha Project in Libya equivalent to Rs.100 millions and for construction of Civil Works of Sugre Shafts & Power House Complex in Himachal Pradesh, amount equivalent to Rs.948.10 million and the work has already been commenced.