IVRCL Infra bags orders worth Rs 260 cr

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Updated: 05/01/2009 | 01:14 PM IST

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Press Trust of India

Monday, January 05, 2009 (Mumbai)

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IVRCL Infrastructures & Projects on Monday said it has bagged orders worth Rs 260.46 from Bangalore metro rail corporation, Indian Oil Corporation and Karnatka water supply board for construction related work.

Buildings, industrial structure and water divisions of the company has bagged the said four orders, the Hyderabad-based company said in a filing to the Bombay Stock Exchange.

The buildings and industrial structure division of the infrastructure firm has received orders for constructing two elevated metro stations worth Rs 168.28 from Banagalore metro rail corporation, Banagalore. The total completion period is 22 months for both the orders.

Another order for Rs 38.32 crore has been awarded for piping work from Indian Oil Corporation, New Delhi. The total completion period for this project is 15 months.

The company's water division has received an order valued at Rs 53.86 crore for construction, supply, installation and commissioning of 25.25 MLD water treatment plant from Karnatka urban water supply and drainage board, Karnatka, with a total completion period being 20 months.

Shares of the company were trading at Rs 162.15, up 0.62 per cent on the Bombay Stock Exchange on Monday.