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ITD Cementation bags orders of over Rs 1,500 crore during Jan-March quarter

03 Apr 2013 Evaluate

ITD Cementation has bagged orders over Rs 1,500 crore during the first quarter of the current year i.e. January to March 2013 period. The company has secured two orders from Public Works Department (PWD), New Delhi - one for comprehensive development of corridor (Outer Ring Road) between Mangolpuri to Madhuban Chowk, comprising of elevated road, FOB, RCC drain, footpath, cycle track, rain water harvesting scheme and other works for an approximate value of Rs 289.65 crore and other order for comprehensive development of corridor, (Outer Ring Road) between Madhuban Chowk and Mukarba Chowk, comprising of elevated road, RCC drain, footpath, cycle track, rain water harvesting scheme and other works of an approximate value of Rs 279.90 crore.

The company secured other order from Ghaziabad Vikas Pradhikaran for construction of a 6 lane Link Road and Flyover connecting NH-24 with NH-58 for an approximate value of Rs 115.07 crore. Besides, IIC, a group company of Indiabulls, has given a contract worth Rs 23.25 crore for complete civil and structural work for Raw Water Pump House at Eklahara Barrage for their 1350 MW power plant being set up at Sinnar, SEZ in Nasik. The company also secured projects worth around Rs 100 crore on specialist engineering works of piling, civil works for power plants, water treatment plants etc.

In addition, its joint venture (JV) with its parent Italian-Thai Development Public Company, Thailand has received an order worth Rs 752 crore from the Delhi Metro Rail Corporation for design and construction of tunnel by Shield TBM, Palam and IGD Underground Stations by Cut and Cover method between Palam (including) and Shankar Vihar (excluding) on Janakpuri West- Kalindi Kunj Corridor under Delhi MRTS Project of Phase-III and to be completed in 39 months i.e. by April 2016.

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