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Unity Infra bags work orders worth Rs 200 cr

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Announcement Corporate
Last Updated : Jan 20 2013 | 1:37 AM IST
  • Construction of Lecture Theatre Block & laboratory Complex at IISER Campus, Pune
  • ‘Industrial Infrastructure Development Corporation (IDCO)' opens up an opportunity in Orissa for Construction of Tower at Industrial Estate
  • Construction of SEZ Project (IT Park) with Green Building Norms by Kumar Builders Township Ventures Pvt. Ltd, Hinjewadi, Pune
  • Order Book currently stands at Rs. 3836 crore (approx).

Unity Infraprojects Ltd., (BSE: 532746), one of India’s major civil contracting firms, has secured three work orders collectively worth Rs. 200.10 Crores from IISER College Pune and 'Orissa Industrial Infrastructure Development Corporation (IDCO), Orissa and Kumar Builders Township Ventures Pvt. Ltd, Hinjewadi, Pune

The first order was for Rs.88.99 crore from Indian Institute of Science Eduction and Research, Pune, for construction of lecture theatre block and laboratory complex at its campus, with a completion period of 24 months.

The second one was for Rs.69.15 crore from Orissa Industrial Infrastructure Development Corporation, Bhubaneswar for construction of tower 2010 near tower 2000 at industrial estate, Mancheswar, Bhubaneswar. The contract is to be completed in 24 months.

It had obtained order for Rs.41.96 crore from Kumar Builders Township Ventures Pvt. Ltd., Pune, for construction of SEZ Project (IT Park) with Green Building Norms. The order is to be completed in Ten and half months.

Commenting on the order, Mr. Abhijit K. Avarsekar, Vice Chairman and Managing Director, Unity Infraprojects Ltd. said, “We are glad to receive the orders from IDCO. With several other orders received in this quarter, we have built-in on the expectations of the Government and are geared up to showcase our capabilities to execute various projects across the country.”

Earlier in the same quarter Unity Infraprojects bagged two other projects for Construction of Three Towers (B1,B2,B3) of Slim Fit Housing by M/s. Flagship Infrastructure (P) Ltd., Hinjewadi, Pune worth Rs. 24.47 crore and Construction of Houses including internal Sanitary and internal Electrical works and related external works in the Township of Rail Coach Factory at Lalganj, Raebareli by 'Rail Coach Factory-Lalganj, Raebareli, Ministry of Railways, through IRCON worth Rs. 144.96 crore.

About Unity Infraprojects Ltd.
Unity Infraprojects Ltd. provides integrated engineering, procurement and construction services for civil construction and infrastructure sector projects. Besides civil construction, the company’s project expertise includes transportation engineering, irrigation, water supply and urban infrastructure projects. Unity is the flagship unit of the Mumbai based KK Group of Companies which has interests across a wide spectrum of businesses such as concrete block manufacturing and quarrying, hospitality and organized retailing industries.

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With an established presence in engineering, irrigation and transportation, Unity is successfully diversifying its business model. Some of the landmark projects done by Unity are Expansion & Modification at Chhatrapati Shivaji International Airport, Mumbai; Millennium Business Park in Navi Mumbai; Mass Housing Projects for DDA in Delhi; New Secretariat Complex in Assam; Tsunami Re-construction Project in Andaman & Nicobar Islands; Jupiter Mills in Mumbai; Nizam Institute of Medical Science in Hyderabad;  High Court in Karnataka.

Unity also has presence in real estate and BOT space. The company is ISO 9001-2000, ISO 14001-2004 and OHSAS 18000-2007 certified with accreditation from the ANSI-ASQ National Accreditation board. It has a market capitalization of approximately Rs. 700 crore; and is listed in BSE & NSE.

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First Published: Dec 20 2010 | 6:49 PM IST

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