Era Infra Secures Rs 123 Cr Order From CPWD
World’s top leading infrastructure firm, Era Infra Engineering has revealed that the company has bagged two orders, worth Rs 123 crore, from Central Public Works Department for construction related work.
According to the sources, the first order of Rs 70.75 crore has been secured for up-gradation and construction of shooting ranges, armoury building, development of civil and electrical complex and renovation at Karni Singh Shooting Range in the national capital, where events for the Commonwealth Games 2010 would be held
.
The second contract of Rs 52.55 crore, entails construction and upgrading of Institute of Medical Sciences at Banaras Hindu University in Varanasi. This project, which has been received under Pradhan Mantri Swasthya Suraksha Yojna, is scheduled to be finalized by May 2010.
While commenting on the orders, Mr. T D Arora, head of Era Infra Engineering's, construction and contracts division stated, “Various projects of CPWD bagged by Era Group on a consistent basis shows the faith of CPWD in our capabilities to deliver sound infrastructure solution.”
Stock of Era Infra Engineering ended the day at Rs 94, down 0.58 percent on Natioanl Stock Exchange. The total volume of share traded was 263,655 at the NSE.