NHAI has seen bidding complete for 50 projects, awarded 11 and has invited 15 bids this financial year, says NHAI Chairman Raghav Chandra, adding, NHAI has a construction target of more than 10,000 km of roads for FY17.
KKVN Prasad, Director, Madhucon Projects talks to CNBC-TV18 about the recent project win from NHAI and how the company plans to execute the order. Prasad said the company's ordebook stands at Rs 6400 crore, 50 percent of which comprise road projects.
By 31 March 2013, Madhucon Projects aims to reach Rs 2600 crpre by way of topline, says chief financial officer G Ramachandran.
In an interview to CNBC-TV18, G Ramachandran, CFO of Madhucon Projects said the company’s order book stands at Rs 6,700 crore as on date and is likely to grow from here. "We expect a good order booking with a percentage of increase," he said.
S Vaikuntanathan, director finance of Madhucon Projects, in an exclusive interview with CNBC-TV18 says the company has however, seen, “a turnover of Rs 1,704 crore, which is an increase of 28.8%. We have done nearly 40% to 41% in road division and 51% in energy division and around 6% in the mining division throughout the year.”
In an interview with CNBC-TV18, S Vaikuntanathan, director (finance) of Madhucon Projects, spoke about the latest happenings in his company and the road ahead.