C & C Constructions has bagged four orders valued at Rs 963 crore for improvement/upgradation of State Highway roads from the Bihar Government. of these orders Rs 578 crore are with its long standing joint venture partner BSCPL Infrastructure. The balance orders of Rs 385 crore are in its own name. These orders have to be executed over an average period of 33 months.
The presence of C & C Constructions in Bihar has been further reinforced by these orders. It may be recalled that the company has been operating successfully in this state since 2005 and has projects worth Rs 615 crore under execution with its joint venture partner in the state.
The order book of C & C Constructions has swelled to over Rs 2100 crore. The company closed FY 2007-08 with a top line of Rs 530 crore. The current year will see an appreciable increase in contracting revenue.
The company made this announcement during the trading hours today, 01 November 2008.
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