Nagarjuna Construction bags orders worth Rs527 cr

Nagarjuna Construction bags orders worth Rs527 cr


Mumbai: Infrastructure company Nagarjuna Construction Company has bagged two orders of Rs527 crore from Hyderabad and Assam governments.

In a filing to the Bombay Stock Exchange, the firm said it has received one contract of Rs401 crore from Hyderabad Metropolitan Water Supply and Sewerage Board for transmission of Godavari water from Yellampally barrage.

The project would meet the drinking water needs of the state and it is scheduled to be complete in two years.

Another order the company received is from Assam State Electricity Board for different works for Rs126 crore. The project is to be completed in 18 months.

Earlier in August, the Hyderabad-based firm had bagged three orders worth Rs474 crore for developing sports facility and transit management centre, among others, in Delhi and Karnataka.

Nagarjuna Construction was trading at Rs63.35, up 3.98% on the BSE.