Consolidated Construction Consortium Ltd has bagged a Rs 200-crore Goa airport construction project. CCCL will build a 5 lakh sq.ft terminal, with a capacity to handle over 8 lakh passengers annually, and a 1.6 lakh sq.ft multi-level car park for the airport. The company was awarded the order by the Airports Authority of India.
The award of the new integrated terminal building at Civil Enclave, Goa, is the seventh repeat order from AAI. CCCL was in competition with leading players such as Nagarjuna Constructions, Era Constructions and IVRCL for the contract.
The company has completed Tiruchi, Thiruvananthapuram, Mangalore and Dehradun airport projects. Work is on in Chennai airport terminal and Rajahmundry airport. Work on the Chennai airport terminal expansion is likely to be completed by August 2011.
Over the last one year, the company has made the transition to an infrastructure player from a construction company focused on factories and buildings. This was a decision in tune with market trends. Its business verticals include infrastructure, which accounts for about 40 per cent of its business and commercial and industrial buildings which contribute about 55 per cent. The total order backlog is Rs 3,560 crore to be executed over the next 18 months.
It is also getting into infrastructure development projects through its subsidiary CCCL Infrastructure Ltd which is setting up a food processing SEZ in Tuticorin and has emerged the lowest bidder for two automated multi-level car parking projects to be implemented on BOT basis. The two projects together are of about Rs 600-700 crore to be set up for the New Delhi Municipal Corporation.