Hyderabad-based infrastructure major, IVRCL Infrastructures &
Projects, has secured orders aggregating Rs 597.81 crore in
transportation, water and power sectors in various states. These
include a Rs 157-crore order for upgradation of the 47-km Darbhanga-
Kamtaul-Basaitha-Madhwapur road awarded by the Bihar government, and
constructing mechanised lining of the Dhom Balkawdi Right Bank Canal
by the Maharashtra Krishna Valley Development Corporation valued at Rs
162.77 crore, which are scheduled for completion in 24 months.


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The company has also bagged a Rs 80.51-crore contract that envisages
implementing 2,500 Mw terminal stations at Mundra and Mohindergarh for
Adani Power awarded by Siemens, and executing an external coal
handling system for Mundra, awarded by Tamil Nadu-based FLSmidth
Minerals valued at Rs 19.39 crore, which are to be completed in 21
months and 17 months, respectively. It also bagged building works
amounting to Rs 76.48 crore for IOCL Paradip and AP Medical Housing
Infrastructure.

IVRCL’s stock closed at Rs 371.85 on the Bombay Stock Exchange, up
7.39 per cent as against the previous close of Rs 346.25.

6amesh
shareway
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