Supreme Infra bags orders worth Rs 283 cr from North India

Supreme Infrastructure India Limited (SIIL), has added orders worth Rs 288 crore. The Company has been awarded a Road BOT Project by Punjab Public Works Department and Building Project by Delhi Urban Shelter Improvement Board. The details of the same are as follows:

1.       Kotkapura-Muktsar Road, Punjab

The project is for Development and Operation & Maintenance of ‘Kotkapura-Muktsar Road (SH-16) in the State of Punjab’ on Design, Build, Finance, Operate & Transfer (DBFOT) awarded by Punjab Public Works department (B&R). The project cost is estimated at Rs. 117 cr. The project is awarded in Joint Venture lead by Supreme Infrastructure India Ltd. (SIIL) with SPML Infra Limited. EPC work of the project will be executed by SIIL. The project will be housed in the separate SPV.

2.       New Building Project, New Delhi

The Company has bagged the order from Delhi Urban Shelter Improvement Board (DUSIB) for Construction of 3400 nos. (G+4) five storeyed EWS Houses under JNNURM for slum dwellers at Pocket-II, Bhalaswa Jahangir Puri, New Delhi i.e Building work including internal water supply, sanitary installation, internal electrification and external roads, paths, water supply, drainage, parks, boundary wall and sewerage for S.T.P. The project value is appx. Rs. 166 Crore to be executed over a period of 18 months starting May 2012.

Commenting on this development Mr. Vikram B. Sharma, Managing Director, Supreme Infrastructure India Ltd said “We are extremely happy to bag orders again from North India. With these orders we are all set to make a huge impact by marking our strong presence in the North. We have a strong belief in our capabilities which help us to work more effectively. These orders will help strengthen our order book efficiently.”

Key Features about Supreme Infrastructure:

·         Supreme Infrastructure is present in 7 verticals and 6 states in the infrastructure space.

·         3i Infrastructure Fund has agreed to invest USD 61mn in 4 Road BOT projects.

·         Supreme Infrastructure India Ltd. pursues an integrated execution model with captive aggregate mining and asset ownership enabling speedy & timely execution.

·         Railways, Bridges, Buildings, Power, Sewerage, Irrigation and Roads are the key verticals within the company.

·         Company has a total of 9 Road BOT projects of which 2 projects have begun tolling operations.

·         Currently Supreme is executing work at about ~ 25 sites.