MoneyWorks4Me

RPP Infra Projects expects turnover of Rs 450 crore in FY12

20 Jul 2011 Evaluate

RPP Infra Projects, one of the India’s leading and fast growing Non Metro/Rural based organization is expecting turnover to more than double to Rs 450 crore in FY12 on the back of bagging domestic as well as African orders. The company is eyeing to bid for road projects in India and it is also expecting to win more orders from African nation of Gabon.

In February, it got an order from Gabon to construct a special economic zone, while it won another housing project worth Rs 1,500 crore in the West African nation.

Recently, RPP Infra Projects had passed the pre-qualification norms for the Mamuju IPP Power Project in Indonesia through its consortium with Truba Manunggal Power and Energy Ventures. The consortium was expected to develop projects of net capacity 2x25 MW each. These projects namely Mamuju Coal Fired Steam Power Plant IPP and Kendari Fired Steam Powered Plant IPP are connected to 150 KV substation.

Peers
Company Name CMP
Larsen & Toubro 3867.00
Kalpataru Projects 1399.00
NCC 135.50
Rail Vikas Nigam 212.05
KEC International 394.30
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