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ARSS bags two orders worth Rs 255 crore for roads in Madhya Pradesh
Mumbai, February 2, 2012
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The Bhubaneswar-based ARSS Infrastructure Projects Limited, focusing on construction of railway infrastructure, roads, highways & bridges, today said it had bagged two new work orders from Madhya Pradesh Road Development Corporation Limited (MPRDC).
A press release from the company said the first order, with a value of Rs 100 crore, is for widening, maintaining and operating of Sijhata - Hinoti -Malgaon - Khamariya, Ater - Poudi - Majarajpur - Parsamaniya and Managawar - Bekunthpur Roads (MDR Package - X) on BOT (Annuity) basis.
The other order is for strengthening, widening, maintaining and operating of Phoolsagar - Niwas -Shahpura Road (MDR Package - VII) on BOT (Annuity) basis. The total value of this order is Rs.155 crore.
With these, the total order book of the company stood at Rs. 4000 crore, the release said.
“Our high quality work and commitment to meeting deadlines has resulted in repeated orders from Madhya Pradesh. This makes our position strong in Central India and we hope to avail of similar opportunities from other parts of the country as well," Sunil Agarwal, President & CEO, ARSS said.
NNN
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