ARSS Infrastructure says current order book at Rs 5,000cr

Sunil Agarwal, President and CEO of ARSS Infrastructure Projects, in an interview with CNBC-TV18's Gautam Broker and Ekta Batra, spoke about the recent happenings in his company and the road ahead.

Below is the verbatim transcript of the interview. Also watch the accompanying video. Q: Can you give the details of the order you have won? By when are you looking to execute them? A: We have won two orders - one is for the bridge to be executed in Orissa and another from Madhya Pradesh Road Development Corporation (MPRDC) on Build Operate & Transfer (BOT) basis. These orders are to be executed over a period of 18-24 months for Orissa and two years for Madhya Pradesh Road Development Corporation. We have to execute the BOT project in two years and concession for that will be for 30 years. Q: How would your entire order book look now? What is your expectation for FY12 in terms of what you are bidding for? A: As of now, the total order book is around Rs 5,000 crore. Dividing into segment is around 35-40% is for railway, 35- 40% is for roads and 20% is for miscellaneous work. The order book going ahead, we have already bid for Rs 10,000 crore of work, out of which, we are in L1 for around Rs 2,000 crore of work. It will be awarded in due course starting from 90 days to 120 days. Q: When can we hear about this Rs 2000 crore that you are bidding for in terms of materialising for you? A: Coming 90-190 days to120 days, we have been awarded with the lowest tender.