IVRCL Ltd. said its group had bagged orders aggregating to Rs.2,228.94 crore for road, transmission line, substation, civil works and pipe installation works.
The company received order for Rs.1,486 crore from the Ministry of Road Transport & Highways for road widening of 311km from Nechipu to Hoj in Arunachal Pradesh with a completion period of 4-1/2 years. The Ministry shall provide a cash support of Rs.1,004 crore to the Concessionaire to implement the project. The concession period for the project is 17 years.
The company said the project would be implemented jointly between IVRCL Assets & Holdings Ltd. and Sushee Infra Ltd., by incorporating an SPV, wherein IVRCL A&H shall hold 26 percent of the equity, and IVRCL Ltd. will undertake the construction work of the proposed road.
Its Power Division bagged an order for Rs.108.44 crore from Haldia Energy Ltd., Kolkata, for supply of materials for Tower Package and Survey/Erection/Commissioning of 400kV D/C Haldia-Subhashgram Transmission Line Project.
The Building division secured an orders aggregating to Rs.234.87 crore. The order from Gail (India) Ltd., New Delhi, was for raw water and fire water reservoir at PATA for Petrochemical Complex-II Project, while that from RITES Ltd., Gurgaon, was for construction of boundary wall for campus of Central University of Punjab.
Indian Oil Corporation Ltd., New Delhi, placed an order for construction of one number unit substation building (331A-S) for Paradip Refinery Project at Paradip in Orissa, and the order from Commissionerate of Health, Project Implementation Unit, Gandhinagar, was for new construction of medical college building at Valsad General Hospital Campus, Valsad.
It also bagged an order from Mangalore Refinery and Petrochemicals Ltd., Mangalore, for additional building works for off-site for Phase-III refinery project., while Jamshedpur Utilities & Services Co. Ltd. placed an order for civil construction works of 350 units and 24 units at KS Link Road, Jamshedpur.
The order from Creatoz Builders Pvt. Ltd., Mumbai, was for civil and finishing works for residential project at Wagholi, Pune.
The Transport Division received orders worth Rs.104.65 crore from the Executive Engineer P.W.P& IWT Department, Gulbarga for improvement of Sedam to Chincholi road, and Executive Engineer P.W.P& IWT Department, Bellary, placed order for construction of RCC bridge across Hagari River.
Neyveli Lignite Corporation Ltd., Chennai, placed order for thermal power and civil works, while the order from Karnataka Road Development Corporation Ltd. was for road improvements and widening from Konapur to Kushalnagar Section of Konanur-Makutta Road.
The water division bagged orders for Rs.263.30 crore from Guwahati Metropolitan Development Authority, Bhangagarh, Guwahati, for supply and installation and commissioning of MS pipes,HDPE pipes and DI Pipes for distribution network in Ramsa Hill & Amiya Nagar , and for supply, installation and commissioning of one pumping station, installation and commissioning of MS pipes, HDPE pipes and DI pipes for distribution network in Geeta Nagar and Lechu Bagan area of South central Zone.
The company further received order for supply and installation and commissioning of MS pipes, HDPE pipes and DI pipes for distribution net work in Narakasur and Sonaighuli area of South Central Zone.
The company further secured an order from Kanti Bijlee Utpadan Nigam Ltd. for supply and commissioning of pre-treatment plant package for Muzaffarpur Thermal Power Project, Stage-II.
The Mining Division bagged an order for Rs.31.68 crore from Easter Coalfields Ltd., Dishergarh, for contract at A2, A3 patch at Rajmahal Open Cast Project b using heavy earth moving machinery.
At the BSE, IVRCL shares are being traded at Rs.39.45, down by 3.43 percent from the previous close.
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