Consolidated Construction Consortium (CCCL), an integrated construction service provider with focus on industrial, commercial, residential, and infrastructure space, has bagged two prestigious civil work orders worth around dRs 240 crore. These include the Renault-Nissan automobile plant project, as well as the Global Automotive Centre for the National Automotive Testing and R&D Infrastructure Project (NATRIP), both coming up at Oragadam, near Chennai.

The Renault-Nissan project includes construction of stamping, paint shop, body shop, trim and chassis, power train buildings, process foundations and security. It also includes on a design and build basis, construction of Train/Data/ Maintenance buildings for a value of more than Rs.140 crores. On the other, the NATRIP contract is for the Global Automotive Centre is valued at Rs 100 crores.

“We are very glad to have bagged these two prestigious projects. We are consolidating our presence in the automobile plant construction sector and winning these projects has strengthened our portfolio,” R Sarabeswar, CCCL chairman and chief executive officer said. With these two orders, the total order backlog is Rs 3180 crores, which is to be executed over a period of 18 months.

Meanwhile, for the quarter ended June 30, 2008, the company reported a total revenue, on a standalone basis, of

Rs 381.66 crore, as against

Rs 268 crore achieved in the same period of the previous year, indicating a 42 per cent jump. CCCL’s net profit leaped by 46.82 per cent at Rs. 18.22 cr for the three month period ending June 30, 2008, compared with Rs 12.41 crore achieved in the same quarter last year.