IVRCL Assets & Holdings Ltd, a subsidiary of IVRCL Group, has announced that it has secured the mandate to develop two road projects in Andhra Pradesh and Punjab, respectively, while making entry into power sector contracts.
Together, these contracts are worth about Rs 4,081 crore, according to a statement made to the stock exchanges.
The first road order entails six-laning of Gundugolonu-Rajahmundry highway project of National Highway 5 and the second is for four-laning of Patiala-Bhatinda highway project of National Highway 64.
For NTPC, the company will take up civil and structural works at Meja project in Uttar Pradesh, Solapur in Maharashtra and Mouda in Maharashtra.