Unity Infra wins orders worth Rs89.29 crore in Hyderabad
Moneylife Digital Team 25 April 2011

Unity Infraprojects has secured two construction orders worth Rs89.29 crore from Ministry of Earth Sciences & Andhra Pradesh Industrial Infrastructure Corporation Ltd in Hyderabad

Unity Infraprojects has secured two construction orders worth Rs89.29 crore from Ministry of Earth Sciences & Andhra Pradesh Industrial Infrastructure Corporation Ltd in Hyderabad.

The first order is for construction of new buildings under Phase-II at Indian National Centre for Ocean Information Services in Hyderabad. The said project is to be completed in 15 months. The contract value is Rs32.24 crore.

The second order is for construction of office complex for Insurance Regulatory and Development Authority at Financial District, Nanakramguda, Hyderabad. The project is awarded by Andhra Pradesh Industrial Infrastructure Corporation Ltd worth Rs57.05 crore. The contract is to be completed in 18 months and defect liability period is 24 months.

With the addition of these two construction orders the order book of the company stands at Rs3,662 crore.

On Monday, Unity Infraprojects ended 1.16% down at Rs72.45 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.09% to 19,584.31.

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