VNC Bags Order Worth INR 1800 Million In Andhra Pradesh
Kridhan Infra Limited (KIL or the Company) had announced that its associate company Vijay Nirman Company Private Limited (VNC) has won a new order worth INR 1800 million.
This order encompasses structural work for Connectivity to the Vishakhapatnam Port Road in Andhra Pradesh. The INR 1800 million order is to be completed within 15 months.
KIL currently owns approximately 41% stake in VNC and hence, VNC operates as an associate company of KIL. Vijay Nirman is a pedigreed private construction company, having completed over 400 projects, in over 30 years of operations. The company has a strong technical skill set with a superior leadership team. VNC also has a vast experience in the roads and bridges segment and is well reputed for its timely execution. It generated revenues in excess of INR 8 billion in FY18.
- Bagged By:
- Region:Southern India
- State:Andhra Pradesh
- Value:INR 1800 Million
- Published On:2018-06-11