Unity Infraprojects bags orders worth Rs403 crore
Unity Infraprojects Ltd. has announced bagging diverse orders worth Rs403 crore.
Entering the State of Jharkhand, the company bagged order from Rail Vikas Nigam Limited, Kolkata. The project consists of construction of roadbed, major and minor bridges, tunnel, track linking (excluding supply of Rails, Thick web switches and Line PSC sleepers) and OHE & general electrical works in connection with construction of 15.9 km long 3rd Line between Goelkera & Posoita in Chakradharpur division of South Eastern Railway. The Rs135.28 crore-project is scheduled to be completed in 24 months. The company was awarded similar project from Rail Vikas Nigam Ltd in 2006 before getting listed.
The second project came from Sardar Sarovar Narmada Nigam Limited, Gujarat for constructing distributaries and minor works of Command Area under Botad Branch Canal ch. 22.605 to 59.152 km (LD-5 to LD-13 & LM-1 to LM-3). Valued at Rs83.81 crore, the project is to be completed within a period of 18 months.
The next order is for development of commercial space at Viaman Nagar, Pune at the cost of Rs47.94 crore. The development of ‘Marvel Edge’ awarded by Marvel Edge Realtors Pvt Ltd is to be completed within the period of 11 months.
The last project is for construction of buildings for various schools including site development and bulk services at Central University of Karnataka at Gulbarga. It is the third Civil construction contract for the company in the state of Karnataka. Valued at Rs135.77 crore, the project is awarded by RITES Ltd. The timeline for completion of this project is 24 months.
Abhijit K. Avarsekar, Vice Chairman and Managing Director, Unity Infraprojects Ltd. said, “Jharkhand and Gujarat are lucrative states in terms of infrastructure projects. Foraying into these two at this point shall prove to be very yielding and we hope to receive more orders from the same in future.”
Total orders bagged by Unity Infraprojects in current financial year stand at Rs1,186.71 crore.
The order book of the company as of today stands at Rs3,880 crore and stands on L1 position for orders worth Rs1,800 crore.