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RKEC Projects bags orders worth Rs 100 crore in last two months

08 Mar 2019 Evaluate

RKEC Projects has bagged orders worth around Rs 100 crore in the last two months. The company has bagged these orders under the implementation of Smart City mission in Tirupati in the state of Andhra Pradesh with the total contract value of Rs 20.55 crore.

In these orders, the first contract is for rejuvenation of Vinayak Sagar lake (phase-II), which includes its beautification, operation and maintenance work for 5 years. The total value of work is Rs 8.32 crore. The second contract is for design, execution, operation and maintenance of sports arena at Indira Maidan and Sri Srinivasa Sports Complex. The total value of this work is Rs 12.23 crore. The company has bagged both the orders with the consortium with Rapid Net Sports System.

The company received an order in January 2019 for the construction of berth and approach trestle for development of barge/vessel loading facility at Honnavar in Karnataka. The total contract value of this order was Rs 81.30 crore.

RKEC Projects’ core business is designing and undertaking construction projects such as Bridges, Ports, dams, high-rise structures, airports, cross water, roads, highways, Oil and gas Pipelines, complexes and environmental structures across India.

Peers
Company Name CMP
Larsen & Toubro 3953.90
Rail Vikas Nigam 272.00
NCC 151.85
KEC International 563.95
Kalpataru Projects 1171.40
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