IVRCL Ltd has bagged orders worth Rs 841.73 crore through its water and irrigation divisions to be executed within 24 to 36 months.

The Hyderabad-based construction and infrastructure company in a statement to the BSE has said the water division secured a Rs 393.89-crore contract for a cluster scheme of 2,005 villages of Asind Tehsil along with related works under the Chambal-Bhilwara water supply project Phase-II. This includes operation and maintenance for 10 years on a turnkey basis. It is to be completed within 36 months.

Another order relates to a Rs 143.50-crore order in Jodhpur to be completed within 24 months.

The irrigation division of the company has secured a Rs 447.84-crore order from Krishna Jalabhagya Nigam Ltd, a Karnataka Government undertaking. To be executed within 36 months on a turnkey basis, this entails operation and maintenance of the project for five years from the date of completion of the project.

A Madhya Pradesh Government undertaking has awarded a water project worth Rs 61.39 crore to be completed within 18 months, the company stated.

The company’s shares were trading at Rs 12.90 during the day, up 0.70 per cent.


(This article was published on September 20, 2013)
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