RPP Infra Projects bags Rs 64 cr orders in Tamil Nadu
Mar 03 2014 , New Delhi
"RPP Infra Projects has won few contracts in Tamil Nadu ... The company's order book position has jumped to Rs 7,000 million (Rs 700 crore), the company said in a filing to the BSE.
The recent contracts include project for combined water supply scheme for 212 habitations in different unions in Trichy district for Tamil Nadu Water and Drainage Board for Rs 38 crore, to be completed in 12 months.
The company said it "also recently won a contract for implementation of phase II eco restoration in 300 acre of Adayar Estuary and Creek in Chennai for a value of Rs 155.10 million (Rs 15.51 crore)".
It said the project will be completed in 24 months.
Besides, it also got a project for construction of hostel block for Anna University Thoothukudi in Tamil Nadu for Rs 10 crore, to be completed in 12 months.
RPP Infra Projects CMD Arul Sundaram said: "In spite of infrastructure companies being faced with turbulent times, we in RPP believe this year is looking very good with many orders and few more in pipeline.
"We are very positive that the top line of our company will touch new heights."
The RPP Infra scrip was trading at Rs 156.92, down 0.74%, in the afternoon on the BSE.