Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessCompaniesUnity Infra lowest bidder in 4 projects worth Rs 300 crore

    Unity Infra lowest bidder in 4 projects worth Rs 300 crore

    Engineering and construction firm Unity Infraprojects Ltd has emerged as the lowest bidder for 4 projects of about 3 billion rupees and expects them to be awarded in a month, a top official told Reuters on Monday.

    February 18, 2011 / 09:43 IST

    Engineering and construction firm Unity Infraprojects has emerged as the lowest bidder for 4 projects of about Rs 300 crore and expects them to be awarded in a month, a top official told Reuters on Monday.

    "We can't name the projects right now. Sector-wise, one will be in irrigation of about 1 billion rupees, and balance would be in building segments," its Chief Financial Officer Madhav Nadkarni said.

    Apart from these, the company is also expecting to be awarded a road project, he said declining to elaborate.

    first published: Feb 14, 2011 02:00 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347