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IVRCL wins orders worth Rs1,119.8 crore

IVRCL Infrastructures & Projects Ltd said it won orders worth Rs1,119.8 crore from various institutions.

From its water division, IVRCL, has won an order worth Rs315 crore from Tamil Nadu Water Supply and Drainage Board for Hogenakkal Water Supply and Fluorosis Mitigation Project (Package-II). The completion period is 24 months.

The water division has also won a contract worth Rs39.7 crore from Urban Improvement Trust, Bikaner. The completion period is 18 months. It has also secured a contract worth Rs96.5 crore from Sardar Sarovar Narmada Nigam Ltd, Surendranagar, for Morbi Branch Canal reach 3.57 to 32.92km (Package-I). The completion period is 24 months.

The company's buildings division has won an order from Pan India Paryatan Pvt Ltd for proposed resort at Gorai. It has also won orders from Seeds Intimate Apparel India Pvt Ltd; National Institute of Technology (Patna); Hindustan Petroleum Corporation Ltd; Navodaya Education Trust (Raichur); and Hindustan Dorr-Oliver Ltd.

Besides this, the division has also won orders from Infrastructure Development Authority (Patna), for Nalanda College of Engineering, Chandi. It has also secured contracts from ONGC Mangalore Petrochemical Ltd; ONGC Mangalore Petrochemicals Ltd; Shishir Realty Pvt Ltd (Mumbai) and Indian Institute Of Science Education and Research (Pune).  The aggregate value of the orders in buildings division is Rs440 crore, said the company in a press release. 
The company's transportation division has won a contract worth Rs65 crore from Rail Vikas Nigam Ltd, Chennai. The division has also secured a contract from Orissa government worth Rs71.5 crore.

The power division has secured a contract from Transmission Corporation of Andhra Pradesh Ltd and Posco Maharastra Steel Pvt Ltd. The aggregate value of the orders in power division is around Rs92 crore. 

On Tuesday, IVRCL Infra shares ended 1.1% up at Rs167 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.3% to 20,407 points.

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