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Nagarjuna Const bags Rs 263cr orders

This article was posted on Mar 12, 2009 and is filed under Stock News

Nagarjuna Construction Co Ltd (NCCL), a Hyderabad-based infrastructure development company, has bagged three new contracts aggregating Rs 263 crore.The first order, valued at Rs 119 crore, was secured from the Maharashtra State Electricity Distribution Company Ltd for a turnkey contract for infrastructure plan phase-II project works. While the second order worth Rs 83 crore is for different water works at Coimbatore in Tamil Nadu, the third order valued at Rs 61 crore is from the Institute of Chartered Financial Analysts of India for construction of academic block and related work at Tripura.

All the three orders are to be executed in 24 months, the company stated in a press release on Thursday.

source: Business-Standard

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