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Unity Infraprojects JV bags Rs 1,146-cr order

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Press Trust of India Mumbai

Construction firm Unity Infraprojects today said its joint venture with IVRCL Infrastructure & Projects has bagged an order worth Rs 1,145.88 crore from Municipal Corporation of Mumbai.

The JV received the contract for the construction of tunnel, which is to be completed within 60 months, Unity Infraprojects said in a filing to the Bombay Stock Exchange.

Unity Infraprojects has 50 per cent stake in the joint venture, the filing added.

Shares of Unity Infraprojects were trading at Rs 450.70 on the BSE, up 2.43 per cent from its previous close.

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First Published: Nov 03 2009 | 11:29 AM IST

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