Nagarjuna Construction secures orders worth Rs791 crore

Hyderabad-based Nagarjuna Construction Company Ltd has secured orders aggregating to Rs791 crore.

The company has secured two orders worth Rs309 crore from the Ministry of Health & Family Welfare, New Delhi for construction of a medical college and hostel at All India Institute of Medical Sciences (AIIMS) at Patna to be completed over 18 months. The second order is secured from Khubchandani Hospitals Pvt Ltd, Mumbai for construction of hospital buildings at Mumbai worth Rs215 crore to be completed over 22 months.

The third order, valued at Rs125 crore, is secured from the Lucknow Development Authority for construction of Green Wood Apartment of Gomti Nagar at Lucknow to be completed over 24 months.

The fourth valued at Rs86 crore is secured from the Agricultural Produce Market Committee, Bangalore for construction of various buildings at Yeswanthapur, Bengaluru to be completed over 18 months. The fifth order, valued at Rs56 crore, is secured from the MRF Ltd, Chennai for construction of buildings at manufacturing plant at Perambalur, Tamil Nadu to be completed over nine months.

On Thursday, Nagarjuna Construction's shares ended 3.55% up at Rs187 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.59% up at 16,922 points.

User

NFL appoints Rajesh Aggarwal as director

National Fertilizers Ltd (NFL) has appointed Rajesh Aggarwal as the director (technical) of the company. Before this, he was functioning as executive director, Rashtriya Chemicals & Fertilizers Ltd (RCF) at Thal unit in Alibag, Maharashtra.

Mr Aggarwal has vast experience in operations of fertiliser plants and has been instrumental in successful implementation and execution of various projects at RCF.

On Thursday, NFL's shares ended 0.85% at Rs107 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.59% up at 16,922 points.

User

L&T wins Rs747 crore orders for metallurgical, material handling projects

Mumbai-based Larsen & Toubro's (L&T) Metallurgical, Material Handling & Water Operating Company, part of its construction division, has secured orders aggregating Rs747 crore from Coal India Ltd, Indiabulls Power Ltd and Hindalco Industries Ltd.

In material handling sector, L&T has secured a lumpsum turnkey contract worth Rs276 crore from Coal India for coal handling plant at Northern Coalfield at Amlohri, in Madhya Pradesh. To be completed in 24 months, the scope of work involves basic and detail engineering; supply and erection of mechanical, electrical and instrumentation works; complete civil and structural works, including testing and commissioning.  

L&T has also won orders worth Rs260 crore from Indiabulls Power Ltd for supply and erection of coal handling plants at Amravati and Nasik thermal power plant in Maharashtra. The scope of work includes basic and detail engineering, supply and erection of mechanical, electrical and instrumentation works including testing and commissioning. The project is to be executed in 28 months.  

In the metallurgical sector, L&T has secured an order valued at Rs211 crore from Hindalco Industries Ltd for aluminium rolling mill complex at Hirakud in Orissa. The scope includes civil and structural works for aluminium rolling mill and related facilities. The order has to be executed in 16 months.

On Thursday, L&T's shares ended 1.76% up at Rs1,672 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.59% up at 16,922 points.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)