Mumbai: IVRCL Infrastructures & Projects today said it has bagged orders worth Rs359.52 crore from different vendors for construction-related works.
In a filing to the Bombay Stock Exchange, IVRCL Infrastructures said its Road, Power and Water Division has bagged Rs359.52-crore orders from various vendors.
The road division has bagged two orders, the first valued at Rs164.64 crore is from Kolkata Metropolitan Development Authority for the construction of a road flyover, which is to be completed in 18 months, and the second one worth Rs10.34 crore from the Government of Andhra Pradesh for construction works, to be completed in 24 months, the filing added.
The power division of the company has bagged two orders, totalling to Rs107.69 crore, from Power Grid Corporation of India for constructing power and transmission lines, both the orders to be completed in 24 months, it added.
Further, the company’s water division has bagged orders, aggregating to Rs76.85 crore from Uttar Pradesh Rajya Vidyut Utpadan Nigam, to be completed in 16 months and from Kerala’s THRISSUR Corporation, to be completed in 18 months, for constructing water treatment plants, the filing added.
Shares of IVRCL were trading at Rs155.70, up 6.10% on the BSE.