IVRCL Ltd. said its Irrigation, Buildings and Water Divisions of the company had bagged orders aggregating to Rs.652.65 crore.
Irrigation Division
Irrigation division secured three orders valued Rs.512.83 crore. The first one was from the Irrigation & CAD Department, Government of Andhra Pradesh for construction of Balance work of Formation of Mid Manair Reservoir near Manwada (V), Boinpally (M) in Andhra Pradesh. The scope of work includes earth work excavation, embankment, cement concrete-cum-reinforcement steel. The project is to be completed in 36 months.
The second order was for modernization including CC lining of Distributory Emergency repairs to Mangalpad Anicut land series of Systems tanks and improvements to Jannepally Anicut of Nizamsagar Project. The project was awarded by Irrigation & CAD Department, Govt. of Andhra Pradesh and the completion period is 36 months.
The last order was from Sardar Sarovar Narmada Nigam Ltd., Gujarat, for supplying, laying, jointing, testing and commissioning of underground pipe line system to act as distributaries, minors and sub-minors of Block No.14 of Dholka Branch Canal and Block No.17 of Rajpura Sb Branch Canal with ancillary works with operation and maintenance for a period of five years (Package-II).The estimated completion period of the project is 15 months.
Building Division
The Building Division has secured three orders worth Rs.103.82 crore. The first order was from Power Grid Corporation Ltd., Haryana, for civil and other allied works associated with construction of buildings for National Transmission & Asset Management Centre and National Power Training & Management Centre & Trainees Hostel at Manesar Substation.
The second order was for construction of library building for Rajiv Gandhi national Institute of youth Development at Sriperumbudur in Tamil Nadu awarded by National Buildings Construction Corporation Ltd., Chennai. The estimated completion period of the project is 18 months.
The third one was from Inkel Ltd., Cochin, an undertaking of Government of Kerala, for providing compound wall, container yard and internal roads to the container freight station at Vallarpadam, Cochin, Kerala.
Water Division
The Water Division obtained an order for Rs.36.00 crore for civil, structural and piling works at Opal Project of ONGC, Dahej.
At the BSE, IVRCL shares are currently trading at Rs.46.00, up 2.00 percent from the previous close.
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