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Construction : Press Release | February 2014 | Source : Construction Update

Unity Infraprojects bagged two projects worth Rs. 364.42 Crore

New Delhi, February 13, 2014: Unity Infraprojects Ltd., (BSE: 532746), one of India’s major civil contracting firms, has bagged two projects worth Rs 364.42 crore from MCGM and NTPC.

The first project has been awarded is for a township package for Kudgi Super Thermal Power Project, Stage I (3x800MV) by NTPC Limited, valued at Rs. 248.58 Crore, which is to be completed within a period of 24 months.

The second order worth Rs. 115.84 Crore is from Dy. Chief Engineer (Storm Water Drains), Pl. Cell, Municipal Corporation of Greater Mumbai (M.C.G.M) for Design, Planning and Construction including supply, Delivery, Erection, Commissioning of mechanical, electrical, instrumentation and automation works and comprehensive operation and maintenance of Storm Water Pumping Stations (SWPS) at Britannia Outfall, Reti Bunder Bay, Reay Road, Mumbai.

Mr. Abhijit K. Avarsekar, Vice Chairman and Managing Director, Unity Infraprojects Ltd., said, “We received two orders amounting Rs. 364.42 cr in the fourth financial quarter so far. We are privileged on receiving order repeats from MCGM and NTPC. It symbolises the trust these clients have on us. This is a platform to showcase our skills and quality in operations and we are very much confident to accomplish these projects within the given time-frame.”

About Unity Infraprojects Ltd

Unity Infraprojects Ltd. provides integrated engineering, procurement and construction services for civil construction and infrastructure sector projects. Besides civil construction, the company’s project expertise includes transportation engineering, irrigation, water supply and urban infrastructure projects. Unity is the flagship unit of the Mumbai based KK Group of Companies which has interests across a wide spectrum of businesses such as concrete block manufacturing and quarrying, hospitality and organized retailing industries.

With an established presence in engineering, irrigation and transportation, Unity is successfully diversifying its business model. Some of the landmark projects done by Unity are Expansion & Modification at Chhatrapati Shivaji International Airport, Mumbai; Millennium Business Park in Navi Mumbai; Mass Housing Projects for DDA in Delhi; New Secretariat Complex in Assam; Tsunami Re-construction Project in Andaman & Nicobar Islands; Jupiter Mills in Mumbai; Nizam Institute of Medical Science in Hyderabad;  High Court in Karnataka.

Unity also has presence in real estate and BOT space. The company is ISO 9001-2008, ISO 14001-2004 and OHSAS 18001-2007 certified and has a market capitalization of Rs. 151.15 cr.; and is listed in BSE & NSE.
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