Infrastructure major IVRCL today said it has bagged new orders worth Rs 2,228.94 crore, including a highway upgrade contract in Arunachal Pradesh from the Road Transport Ministry valued at Rs 1,486 crore.
Besides its road division, IVRCL's power, buildings, transportation, water and mining divisions won contracts worth another Rs 742.94 crore.
The Ministry of Road Transport and Highways has awarded a project for widening of 311 km of trans-Arunachal highways to the IVRCL consortium, the company said.
"The ministry shall provide cash support of Rs 1,004 crore to the concessionaire to implement the project," IVRCL said.
The order involves construction of 52.60 km of realignments, 49 intersections, two major and 30 minor bridges and 1,707 culverts, it added.
The concession period for the project, which will be implemented on a design, build, finance, operate and transfer (DBFOT) basis, is 17 years.
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"The project is being implemented jointly between IVRCL Assets and Holdings Ltd (IVRCL A&H) and Sushee Infra Private Ltd by incorporating an SPV company, wherein IVRCL A&H and IVRCL Ltd will undertake construction work on the proposed road," the company said.
Meanwhile, the company's power division won a Rs 108.44 crore project for supply of materials for Haldia Energy Ltd's 400 KV D/C Haldia-Subhashgram transmission line project.
Its buildings division won projects worth Rs 234.87 crore, including one from GAIL for construction of a raw water and fire water reservoir.
In addition, IVRCL's transportation division won contracts worth Rs 104.65 crore, the water division bagged projects valued at Rs 263.30 crore and the mining division won a Rs 31.68 crore project.