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Simplex Infrastructures bags orders worth Rs 825 cr order; over 50% are overseas
Simplex Infrastructures Ltd., one of India’s leading infrastructure company today announced that it has bagged projects worth Rs.825 Crores from the overseas and Indian market towards construction of industrial structures and piling, malls, long distance water intake and delivery systems and multistoried buildings and towers.
Over 50% of the order consists of overseas projects that include construction of The AHMARA GRAND PLAZA- a 50 floor luxury residential tower at Qatar on a complete EPC contract basis. The project order stands at Rs. 470 cr.
According to Mr. Amitabh Das Mundhra, Director, Simplex Infrastructures Ltd, “These projects are very significant projects for Simplex consolidating the company’s diversification plans. We are looking at increasing our order book position, which currently stands at Rs 5600cr (approx), not just quantitatively but qualitatively. These projects, speaks about our project management and executional capabilities and will further help us to secure other orders across all the verticals. ”
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