By IANS,
New Delhi : Engineering major IVRCL Thursday said it had bagged orders worth Rs.2,228.94 crore for highways, construction, power and water projects.
The company bagged a project worth Rs.1,486 crore from the ministry of road transport and highways to widen a stretch of highway from Nechipu to Hoj in Arunachal Pradesh.
“The ministry shall provide cash support of Rs.1,004 crore to the concessionaire to implement the project. Besides widening the existing road, it also includes construction of realignments,” the company said in a statement.
The concession period for the project is 17 years and the project is slated to be completed within four-and-a-half years.
The company has also bagged projects worth Rs.234.87 crore in the building division, Rs.263.30 crore in the water sector, Rs.104.65 crore in the transport sector, Rs.108.44 crore in the power sector and Rs.31.68 crore in the mining sector.