CC Construction bags Rs 334 cr order in Q1 FY14

Written By Unknown on Jumat, 12 Juli 2013 | 08.15

Infrastructure company C&C Construction on Thursday said its building and road verticals  have received contracts worth Rs 334 crore during the April-June quarter of 2013-14.

The company received a Rs 89 crore contract from Airport Authority of India (AAI), while it got four road contracts totalling Rs 245 crore in a joint venture (JV), C&C said in  a filing to the Bombay Stock Exchange (BSE).

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The contract from AAI pertains to construction of Indian Aviation Academy and Hostel Block in New Delhi.  Of the four road contracts, three were given to BSC-C&C JV by Ircon International for building road bridges in Bihar. Both the partners have equal stake in the venture.

Besides, Bihar State Road Transport Corporation has awarded a Rs 150 crore project to the JV for upgrading Siwan-Siswan state highways no. 89, it added. The company scrip closed at Rs 28.95, up 3.58 per cent on the BSE.



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