ARSS Infra bags two orders worth Rs167.65 crore
Bhubaneswar based ARSS Infrastructure Projects Limited, with interests in construction of railway infrastructure, roads, highways & bridges, has bagged two new work orders.
The first order is for construction of road from Damoh-Bhatiagarh-Hirapur on BOT basis worth Rs123 crore from Madhya Pradesh Road Development Corporation Ltd. (MPRDC).The total length of the road is about 69.60 kms. It’s the first BOT based road project for the company and is the third order for the company in a span of less than one month.
The other order is for construction of high level bridge over river Brahmani near Jenapur at 15th km. of Kuakhia to N.H-200 road via Jenapur in the district of Jajpur, Orissa under NABARD Assistance RIDF XVI. The project is to be completed within three years from the date of commencement of work and the order is worth Rs44.65 crore.
Sunil Agarwal, President& CEO, ARSS Infrastructure Ltd, said, “We are extremely glad to receive these orders. These two new orders take the count of the orders we’ve received this year to five. The order from MPRDC is the first BOT order we’ve received in road projects, this order closely follows on the heels of the PPP order for the bus terminal we received from the Orissa government in March. It’s a matter of pride for us that we’ve a bagged a PPP and BOT order in less than a month’s time and that too from two different state governments. We hope to continue receiving more orders in the coming months and execute the same within the stipulated time.”
With the winning of these projects, the company’s total order book has crossed over Rs.5000 crore.