IVRCL bags projects worth Rs394 cr

IVRCL bags projects worth Rs394 cr


Mumbai: IVRCL Infrastructures and Projects today said it has bagged four projects worth Rs394.24 crore to be implemented in different parts of the country.

Among the four projects, the estimated Rs180 crore deal awarded by DLF Akruti Info Parks (Pune), is the biggest.

Under the project, IVRCL would have to construct three towers at Rajiv Gandhi Infotech Park in Pune.

The project from Maharashtra State Electricity Transmission Co. (MAHATRANSCO) and Maharashtra State Electricity Distribution Co. (MAHAVITARAN), which includes erection of 10 sub-stations is pegged at Rs61.38 crore, the firm said in a filing to the Bombay Stock Exchange.

The company would also undertake construction of Sea-Woods Estate at Nerul, Navi Mumbai for Rs85.07 crore. The deal was awarded by City and Industrial Development Corporation of Maharashtra, it added.

Under the fourth deal, from Indore Municipal Corporation worth Rs67.79 crore, the company had to undertake designing, construction, commissioning, operation and maintenance of clear water sump and pumping stations.