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R. Balaji

Chennai, Oct. 3 The Chennai-based Consolidated Constructions Consortium Ltd (CCCL) has bagged construction contracts estimated at over Rs 1,500 crore covering airports, power and automotive sectors, according to the company’s Chairman and CEO, Mr R. Sarabeswar.

The orders include Rs 1,212 crore contract from the Airports Authority of India for the Chennai airport terminal expansion, which CCCL is to implement jointly with the Canadian infrastructure company Pomerleau International.

The other projects, which CCCL is handling by itself, include the expansion of the Chennai airport’s cargo terminal, the second phase of the expansion of the Thiruvananthapuram airport terminal valued at Rs 41 crore, a Rs 58 crore order from Apollo Tyres for constructing its factory coming up at Oragadam, near Chennai, and an order from BHEL, a piling job, for its 2X500 MW power plant at Athipattu for Rs 92 crore, he said.

Mr Sarabeswar said that with these orders, CCCL has over Rs 4,250 crore of orders with it making it one of the leading players in industrial and infrastructure construction projects.

The order for the Chennai airport expansion is CCCL’s largest and consolidates its position in airport infrastructure.

The company is also handling the airport expansion projects at Tiruchi, Mangalore and Dehradun.

The joint venture Pomerleau-CCCL, which is implementing the Chennai airport terminal expansion, is a technical tie up that gives CCCL access to the capabilities of one of Canada’s largest infrastructure construction company.

CCCL is also firmly entrenched in the construction of manufacturing facilities for the automotive sector with the award of Apollo Tyre’s order, he said.

CCCL is also handling the construction of the Renault-Nissan Automobile plant and the global automotive centre for the National Automotive Testing and R&D Infrastructure (NATRIP) valued at over Rs 240 crore. Both projects are at Oragadam, an industrial belt to the west of Chennai.

On the stock exchange, the company’s shares opened at Rs 481 and closed at Rs 453 against the previous close of Rs 476.55.

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