ITD Cementation secures Rs 1,500 cr orders
In the March quarter, ITD Cementation has bagged orders worth Rs 1,500 crore. It received two orders from the Public Works Department, New Delhi, for comprehensive development of corridor (Outer Ring Road) between Mangolpuri to Madhuban Chowk valued at Rs 290 crore and between Madhuban Chowk and Mukarba Chowk valued at Rs 280 crore.
The company's other orders include construction of a six-lane link road and flyover connecting NH 24 with NH 58 for Ghaziabad Vikas Pradhikaran worth Rs 115 crore while IIC, a Indiabulls group company, has given a contract worth Rs 123 crore for complete civil and structural work for a raw water pump house at Eklahara Barrage for their 1,350 mw power plant being set up at Sinnar, SEZ, Nasik.
ITD Cementation in joint venture with its parent, Italian-Thai Development Public Company, Thailand has received Rs 752- crore order from the Delhi Metro Rail Corporation.