Niraj Cement Structurals JV bags order worth Rs 87.08 crore

09 Jun 2011

Niraj Cement Structurals joint venture (JV) with Gangotri has bagged an order worth Rs 87.08 crore. The JV has secured contract from Madhya Pradesh Road Development Corporation (MPRDC) and is for construction and widening of 2 lane flexible pavement. Niraj Cement Structurals is the lead partner in JV and its share is 51% in the project.

The contract work is for widening and re-construction of Mihona-Lahar-Daboh-Bhander-Chirgaon Road: Package No under MPSRP - III. The execution of the contract will begin in the August and is expected to be completed within 24 months.

Besides, Niraj Cement Structurals has entered into an agreement with Goa State Infrastructure Development Corporation (GSIDC) for construction of bypass road for mining traffic from Uguem to Capxem - Phase I: Uguem to Guddemol (Excluding ROB). The estimated cost of the project is Rs 65.75 crore.

Niraj Cement Structurals is an infrastructure and construction company, focusing on the road construction and development in India. The company has been operating in Infrastructure space and has a very healthy and robust order book position. The company has planned the execution of theses projects in a phased and planned manner.

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