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ARSS Infrastructure on Wednesday said it has bagged projects worth Rs 255 crore from MP Road Development Corporation Ltd for widening of two highways stretches.
“The first order is worth Rs 100 crore for widening, maintaining and operating the Sijhata—Bekunthpur Roads,” the company said in a statement, adding that the construction will undertaken on a build, operate and transfer (BOT) annuity basis.
The other order is for strengthening, widening, maintenance and operation of the Phoolsagar—Niwas—Shahpura Road on a BOT (annuity) basis, the Bhubaneswar—based firm said, adding that the project entails an investment of Rs 155 crore.
With the present orders, the total order book of the company has increased to Rs 4,000 crore, it said.
Commenting on the order, company President & CEO, Sunil Agarwal said, “Our high quality work and commitment to meeting deadlines has resulted in repeated orders from Madhya Pradesh.
This makes our position strong in central India and we hope to avail of similar opportunities from other parts of the country as well.”
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