Era Infra pockets two contract worth Rs 138 crore
Era Infra Engineering Ltd, an integrated infrastructure development company with a pan India presence, has bagged two orders worth Rs 138 crore from different firms.
The company has picked first order worth Rs 58.52 crore from Bharat Heavy Electrical Limited (BHEL), the largest engineering and manufacturing enterprise in India.
The contract involves civil structural & architectural work for main power block comprising of GT, GTG, STG, HRSG including its Auxiliries and BOPs for 1x350 MW Combines Cycle Power Plant at Hazira, Gujrat State Energy Generation Company Limited at District Surat, Gujrat.
Apart from this, Era Infra through their construction & contracts division has secured second contract, which is valued at Rs 79.20 crore from Central Public Works Department (CPWD).
The scope of work includes Construction of Wrestling Stadium at Indira Gandhi Stadium Complex, New Delhi for Commonwealth Games-2010 (Civil and E&M Works).
The project is scheduled to be completed by December 2009.
Era Infra registered 14% decline in its net profit at Rs 28.40 crore for the quarter ended June 30, against Rs 33.12 crore in the year-ago period.