JMC Secures Orders From NVDA Worth INR 16000 Million
JMC Projects (India) Limited (JMC), a leading Civil Engineering and EPC Company has secured new orders of INR 16000 million. The details are as follows:
JMC Led consortium has secured two turnkey projects under Micro Lift Irrigation Scheme worth INR 26500 million from Narmada Valley Development Authority (NVDA) in Madhya Pradesh. The share of JMC in these projects is around INR 16000 million.
Commenting on securing new orders, Mr S. K. Tripathi (CEO & Dy. Managing Director) commented, "We are pleased with the new order wins in our water and building segments. These large irrigation orders will help us improve our capabilities and further strengthen our presence in the water segment. In addition, the water projects being low CapEx oriented will help us further augment our return ratios. Overall, our robust and well-diversified order book gives us the confidence to deliver on our growth targets of 15-20% for the financial year 2018-19."
- Issued By:
- Bagged By:
- Region:Western India
- State:Madhya Pradesh
- Value:INR 16000 Million
- Published On:2018-06-26