Business Standard

Supreme Infra bags 2 new orders worth Rs 405 cr

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Announcement Corporate
  • The entire valuation of the Project is Rs. 405.44 crores
  • The order is awarded by Punjab Infrastructure Development Board & Maharashtra State Electricity Distribution Co. Ltd.
  • Company Enters in to 6th State for Project Execution PAN India.
  • Current order book position stands at approximately Rs. 1,477 crores

Supreme Infrastructure India Limited (B.S.E Code: no: 532904), one of the most versatile Infrastructure companies in India has successfully bagged 2 new orders aggregating to Rs. 405.44 crores for the construction of  4 laning roads with major Flyovers & Alignment of Sidhwan canal in Ludhiana Punjab in Road sector. Also     distribution of lines, Erection, power transmitters and towers in Power sector for Maharashtra state.

 

Supreme has secured order from Punjab Infrastructure Development Board, Chandigarh for development of 4-Laning of Road along   Sidhwan Canal with their approaches. This project has been awarded to the company in Joint Venture with M/s. Huamei Group Corporation Ltd and M/s. Niraj Cement Structurals Ltd. The Value of the contract is Rs. 328.16 Crores wherein Supreme shall be constructing 4 (Four) major flyovers and 7 (seven) structures including bridges and under passes worth 149.69 Crores.  

The second order has been awarded by Maharashtra State Electricity Distribution Co. Ltd (MSEDC). This project is in a Joint venture with M/s. Patwari Electricals, Osmanabad   The Value of the contract is Rs. 77.28 Crores.

Both these contracts are to be completed in a period of 24 months.

As Quoted by Mr. Vikas B.Sharma Director of the Company “The order from Punjab Government is very important as it is a bypass for entire Ludhiana Town and also includes the alignment of Sidhwan Canal which is an important source of water supply for Ludhiana. For the Power Distribution, Supreme has just ventured into this vertical and Company is all prepared with technical and financial support for this project . As such Company is confidant for execution of both these Projects with in time and with assured benchmark quality”

Recent Developments:

Some of the completed projects by Supreme include:

  • Bandra Worli Sea Link Project (Road part as a sub contractor)
  • Widening of Western Express Highway from Andheri Flyover to JVLR Junction under the Mumbai Metropolitian Region Development Authority.

Some of its ongoing projects include:

  • Improving & widening of Vadape Gonde section of NH-3
  • Rehabilitation & upgradation of the Chitradurga section on NH-4
  • Construction of MMRDA building 
  • Construction of a whole new IT Park in Powai

About Supreme Infrastructure India Limited:
Supreme Infrastructure India Limited (SIIL) was incorporated as Supreme Asphalts Pvt. Ltd, in 1983 and subsequently converted into a public company as Supreme Infrastructure India Ltd. Mr. Bhawanishankar H. Sharma, Mr. Vikram B. Sharma and Mr. Vikas B. Sharma are the promoters of the Company. The company started with executing orders of BMC and PWD, etc. It further expanded its activities by procuring contracts of MMRDA and MSRDC. Presently, with registration of PWD and BMC, the Company is eligible to bid for their tenders without any restriction in terms of value.

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First Published: Mar 10 2010 | 7:24 PM IST

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