Business Standard

ARSS bags two orders worth Rs 255 cr from Madhya Pradesh Road Development Corp

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Announcement Corporate

The Bhubaneswar based ARSS Infrastructure Projects Limited, focusing on construction of railway infrastructure, roads, highways & bridges have bagged two new work orders from Madhya Pradesh Road Development Corporation Limited (MPRDC).

The first order is for widening, maintaining and operating of Sijhata - Hinoti -Malgaon - Khamariya, Ater - Poudi - Majarajpur - Parsamaniya & Managawar - Bekunthpur Roads (MDR Package - X) on BOT (Annuity) Basis, the total value of which is Rs.100 Crores.

The other order is for strengthening, widening, maintaining and operating of Phoolsagar - Niwas -Shahpura Road (MDR Package - VII) on BOT (Annuity) Basis. The total value of this order is Rs.155 Crores.

 

With the confirmation of the above orders the total order book of the company stands at Rs. 4000 Crores

Commenting on the order, Sunil Agarwal, President & CEO, said, “Our high quality work and commitment to meeting deadlines as resulted in repeated orders from Madhya Pradesh. This makes our position strong in Central India and we hope to avail of similar opportunities from other parts of the country as well.”

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First Published: Feb 01 2012 | 5:24 PM IST

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