IVRCL wins orders worth Rs565 crore
Moneylife Digital Team 17 March 2011

IVRCL Infrastructures and Projects Ltd’s power, buildings and transportation divisions have won orders worth Rs564.62 crore

IVRCL Infrastructures and Projects Ltd's (IVRCL) power, buildings and transportation divisions have won orders worth Rs564.62 crore, the company said.

According to a press note, an order worth Rs239.67 crore was received from Power Grid Corporation for transmission project in the North Eastern Region while another order worth Rs 119.94 crore is meant for work in Orissa.

The building division of the company has bagged order for constructing 320 residential apartments from Nagpur Housing and Area Development Board.
Other project bagged by the division include boundary wall works for Pellet Plant Project at Donimalal, Karnataka, awarded by NMDC and installation of Bored Pilling work for a Multi-storyed IT Office Complex in Kolkata among others.

The aggregate value of the orders of Building Division is Rs131.46 crore. While transport division has bagged orders worth Rs73.55 crore, the company said.

On Thursday, IVRCL ended 0.14% up at Rs72.95 on the Bombay Stock Exchange, while the benchmark Sensex declined 1.14% to 18,149.87.

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