IVRCL Infrastructure & Projects Ltd has informed that it has won two orders worth Rs 523.31 crore for infrastructure as well as construction related works.

Functionaries of IVRCL Infra stated in a communiqué that the first order of Rs 287 crore has been awarded by UP Jal Nigam for sewerage works in Allahabad.

Company's scope of work under the project comprises survey, construction and commissioning of sewerage works. It entails construction of 60 MLD sewerage treatment plant.

As per official sources, the company has bagged sewerage work project under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).

Sources added that 36 months is the finalization period of this project.

Further, the second order of Rs 236.31 crore has been placed by Kakade Infrastructure for construction of five building towers, a hospital as well as hotel in Pune.

Shares of IVRCL Infrastructure & Projects were trading at Rs 386.35, up 0.65 per cent in the afternoon trade on BSE.