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RPP Infra Projects wins order worth Rs 174.03 crore

04 Feb 2021 Evaluate

RPP Infra Projects has won new order worth Rs 174.03 crore in JV (49:51).The company (49% holding) along with its JV partner (51% holding) has won an order for the construction of Integrated Storm Water Drain in North Korattur Lake Watershed of Kosasthalar basin in the extended area of Greater Chennai Corporation under Integrated Urban flood Management for the Chennai Kosasthalalyar Project funded by Asian Development.

Further, with the above work order, the Company is on way to have order Book of Rs 2,000.00 crore sat the end of FY21. These order books would result in improved financials of the Company. 

RPP Infra Projects is one of the India's leading and fast growing Non Metro/Rural based company located at Tamil Nadu and engaged in the business of infrastructure development such as highways, roads, bridges, civil construction works, irrigation and water supply projects and power plant.

 

Peers
Company Name CMP
Larsen & Toubro 3927.45
Kalpataru Projects 1395.10
NCC 135.05
Rail Vikas Nigam 212.75
KEC International 397.80
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