Era Infra Engineering Ltd has announced that the company has bagged a contract worth Rs 86.5 crore from M/s. Central Park Estates Pvt. Limited for the work of construction & development of Central Park — II at Sector 48, Sohna Road, Gurgaon.

The project is scheduled to be completed by March 2010.

New-Delhi headquartered, Era Infra operates as an integrated infrastructure construction company in India. It develops and constructs highways, railways, airports, power and industrial projects, institutions and universities, and residential and commercial complexes.

The share of Era Infra slipped on Tuesday on the BSE despite the news of securing a contract. At 13.05 pm, the stock was down Rs 6.50 to Rs 590 compared with previous close of Rs 596.