IVRCL secures orders worth Rs 3,942.4 mn
IVRCL secures orders worth Rs 3,942.4 mn IVRCL Infrastructures & Projects announced that the Pune region of the company has bagged contracts worth Rs 3,942.4 million.
The first order valuing at Rs 1,800 million, consists of construction of three towers at Rajiv Gandhi Infotech Park, Hinjewadi, Phase-II, Pune, Maharashtra with 13 Floors (1B+4P+9 floors) with a built-up area of approximately 30.88 lakh square feet. The order has been awarded by DLF Akruti Info Parks (Pune).
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The second order of work includes construction of Sea-Woods Estate Phase-II, Part-II Housing in Sectors 54, 56 & 58 (Part) at Nerul, Navi Mumbai consisting of a built up area of 3.87 lacs square. The company received this order from City and Industrial Development Corporation of Maharashtra , amounting at Rs 850.7 million.
The company bagged the third contract worth Rs 677.9 million from Indore Municipal Corporation. The category of work includes design, construction, commissioning, operation and maintenance clear water sump and pumping station at near WTP, BS-1 and BS-2, package, No. IND/WS/09.
The fourth contract has been awarded by Maharashtra State Electricity Transmission (MAHATRANSCO) and Maharashtra State Electricity Distribution (MAHAVITARAN). The value of the work is worth Rs 613.8 million.
The nature of the work alo ng with the laying of transmission / distribution of lines etc.; includes erection of 10 sub-stations and augmentation of 3.15 MVA sub-stations to 5.00 MVA sub-stations (10 nos) with supply of transformers and associated work
Shares of the company declined Rs 9.40, or 2.26%, to trade at Rs 405.70. The total volume of shares traded was 813,55 at the BSE.(12.51 p.m, Monday ).
