Vijay Nirman Company Wins New Order Worth INR 1670 Million
Kridhan Infra Limited (KIL or the “Company”) had announced that its associate company Vijay Nirman Company Private Limited (VNC) has secured new civil construction work worth INR 1670 million.
The company has secured the work for construction of minor bridges, culverts, ROB and other associated elements included in Purvanchal Expressway (Package - V) development contract. VNC’s work on this project is expected to be completed over a period of 15 months from the date of start i.e. 25th November, 2018.
VNC is critically acclaimed as the leading bridge-maker in India with over 30 years of operations. It has completed over 400 projects and has an exceptional reputation in civil engineering design and project management. Apart from EPC projects within the roads and bridges segment, affordable housing is a major growth driver for VNC and the segment contributes to over 50% of VNC’s order book. KIL currently owns approximately 41% stake in VNC and hence, VNC operates as an associate company of KIL.
- Bagged By:
- Value:INR 1670 Million
- Published On:2018-10-25