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ARSS bags two orders worth Rs 72 cr from SAIL

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Announcement Corporate
Last Updated : Jan 21 2013 | 2:54 AM IST
  • First order from SAIL of Rs.47.89crore is for the re-habilitation and up gradation of existing tracks
  • Second order from SAIL  of Rs.23.73crore is for construction of new tracks and signaling work and rehabilitation of existing tracks
  • The company has bagged orders worth Rs.171.52crore in two days
  • Rs.99.9crore order bagged recently from MPRDC is for Widening and Reconstruction of Shahdol-Singhpur-Tulra-Pandariya Road(SH-9)

The Bhubaneswar based ARSS Infrastructure Projects Limited, a growing corporate in the infrastructure space focusing on construction of roads, highways, bridges, irrigation projects and EPC activities for railways in India has bagged two orders worth Rs.71.62crore from Steel Authority Of India Limited for their Bokaro steel plant.

The order from SAIL of Rs.47.89crore is for the re-habilitation and up gradation of existing tracks inside the plant premises. The time for completion is 24 months.

The second order from SAIL  for Rs.23.73crore is for construction of new tracks and signaling work and rehabilitation of existing tracks in rolling mills yard. The time for completion is 18 months.

The company had previously bagged a Rs.99.9crore order from  Madhya Pradesh Road Development Corporation Limited for Widening and Reconstruction of Shahdol-Singhpur-Tulra-Pandariya Road (SH-9) up to Chhattisgarh Border.

Mr. Sunil Agarwal, President & CEO, said, “We are pleased to bag these orders. Executing the orders for SAIL is a matter of pride and a tribute to our team's capability and execution skills. The order from MPRDC is the first order that we have bagged in Madhya Pradesh. It underlies our ability to manage exemplary and quality work and highlights our potential to deliver.”

About ARSS Infrastructure Ltd.:
Incorporated in 2000, ARSS Infrastructure Projects Limited (abbreviated as “ARSS.”) is an ISO 9000:2001 company. The Company is engaged in construction activities in India, and undertakes construction of railway infrastructure, roads, highways, bridges and irrigation projects. It started operations as a construction company in the field of railway infrastructure development, mainly in the state of Orissa and subsequently expanded its business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. ARSS has developed expertise in railway construction projects, which includes earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc. Over the years it has diversified its field of activities into other construction segments such as development and construction of roads, highways, bridges, irrigation projects, EPC activities for railways.

ARSS has been listed on the NSE & BSE since 3rd March, 2010. For further details log on to www.arssgroup.in

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First Published: May 07 2010 | 6:46 PM IST

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