Nagarjuna Construction secures new orders for Rs.255 Crores

Nagarjuna Construction Company Ltd has announced that the Company has secured new orders totaling Rs 255 crores. These orders include a contract valued at Rs 131 Crores for execution of Rural Electrification Work under Rajiv Gandhi Grameen Vidutikaran Yojana in Singhbhum (W) District of Jharkhand from the Jharkand State Electricity Board.

The second order valued at Rs 42 crores is an EPC Contract on turnkey basis comprising Civil, Structural, Mechanical and Electrical Works for the complete water intake system for the 500 MW Chhabra Thermal Power Project, Chhabra District of Rajasthan received from Rajasthan Rajya Vidyut Utpadan Nigam Ltd. The balance Rs 82 Crores of orders received comprise of smaller projects.

Source : Equity Bulls

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