IVRCL Infra bags Rs468 crore orders from Andhra govt

IVRCL Infra bags Rs468 crore orders from Andhra govt
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First Published: Mon, May 05 2008. 02 02 PM IST
Updated: Mon, May 05 2008. 02 02 PM IST
PTI
Mumbai: IVRCL Infrastructures and Projects Ltd said on 5 May it has bagged orders worth Rs468.59 crore from the irrigation and CAD department of government of Andhra Pradesh for modernization of the Godavari Delta Canal System.
The company has bagged Rs134.35 crore order for the modernization of Narsapur Canal, Rs111.65 crore for Yanamadurru Drain, Rs98.26 crore for Samalkot Canal and its distributory system and Rs124.33 crore for the Kakinada Canal and KMJ Canal, IVRCL Infrastructures said in a filing to the Bombay Stock Exchange.
The scope of the order includes excavation and forming embankment for canal and channels, construction of concrete retaining walls, formation of roads on either side of canal banks among other things.
Shares of the company were trading at Rs 456.65, up 2.38 per cent on BSE in the afternoon trade.
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First Published: Mon, May 05 2008. 02 02 PM IST