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IVRCL bags Rs 894-cr orders

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BS Reporter Hyderabad

IVRCL Limited, a Hyderabad-based engineering and construction company, has bagged orders aggregating to Rs 893.66 crore for execution of water, buildings, power and transportation works.

These include orders worth Rs 294.74 crore for execution of Phase-I of pumping station-I for 10 years for Kachch branch canal in Gujarat, awarded by Sardar Sarovar Narmada Nigam Limited, providing water supply scheme to the proposed MRF Limited plant at Naranamangalam in Perambalur district of Tamil Nadu, Healthcare City distribution piping network awarded by Tabreed-National Central Cooling Company, intake water system for 2X 270/300 Mw thermal power project at Haldia awarded by Kolkata-based Haldia Energy Limited and duct replacement package for Singrauli super thermal power station Stage-I awarded by NTPC Limited.

 

In the buildings division, IVRCL bagged contracts valued at Rs 517.46 crore awarded by the Gujarat government, NTPC, NeST Realities India Limited, Bengal Shristi Infrastructure Development Limited, Shri Vile Parle Kelavai Mandal, Hindustan Dorr-Oliver Limited, Krishnabhakta Griha Nirman and Rites Limited.

Besides, the company was awarded orders aggregating to Rs 81.46 crore across the power and transportation sectors from Tamilnadu Transmission Corporation and the department of roads, Orissa government.

IVRCL scrip is currently trading at Rs 70.70 on the BSE, up 2.09%, over the previous close of Rs 69.25.

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First Published: May 30 2011 | 11:12 AM IST

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