IVRCL Infra gets orders worth Rs746 cr

IVRCL Infra gets orders worth Rs746 cr


Mumbai: Infrastructure developer IVRCL Infrastructures and Projects today said it has bagged four orders worth Rs746.26 crore from different agencies for construction related projects.

The company has secured an order worth Rs550.28 crore from A P Cine Workers’ Co-operative Housing Society, Hyderabad for execution of housing project on turnkey basis in Rangareddy district of Andhra Pradesh, IVRCL Infrastructures & Projects said in a filing to the Bombay Stock Exchange.

Hyderabad-based firm got an order worth Rs114.35 crore from City and Industrial Development Corporation of Maharashtra (CIDCO) for construction of an exhibition centre in Navi Mumbai, the filing said.

Further, it has received another order worth Rs70.62 crore from Government of Puducherry for creating new habitation in the Union Territory (UT) for Tsunami affected people, IVRCL Infra said.

In another development the company has been awarded an order worth 11 crore from West Bengal Electronics Industry Development Corporation (WBEL) for construction of an IT park at Durgapur in the state, it added.

IVRCL Infrastructures was trading at Rs167.80, up 2.22% in the afternoon trade on the BSE.