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IVRCL gets Rs 1,430 crore contracts
Infrastructure company IVRCL arm IVRCL Assets & Holdings has won contracts worth Rs 1,429.78 crore in road, transportation, water and building segments.
Infrastructure company IVRCL arm IVRCL Assets & Holdings has won contracts worth Rs 1,429.78 crore in road, transportation, water and building segments.
The biggest contract among it is Rs 1,201.70 crore deal for four-laning of 151 km Rai Malikpur - Narnaul - Mahendragarh - Dadri - Bhiwani - Kharak corridor project in Haryana state to be executed on a build-operate-transfer (BOT) basis.
The concession project is 20 years and the construction period of the project is 30 months, IVRCL said on Monday.
Other projects that IVRCL has won include, water supply improvement contract from Palani Municipality in Tamil Nadu, various water supply projects in Kerala and laying water pipes for NTPC 's Solapur super thermal power project in Maharashtra.
That apart, IVRCL has got a contract from North Western Railway in Rajasthan and a building contract in Bhopal, it said.
IVRCL shares were trading up 1.8% at Rs 57.70 on NSE in morning trade. IVRCL Assets & Holdings was up 0.7% at Rs 43.50.
