Friday, May 7, 2010

ARSS Infrastructure wins Rs71-cr contracts from SAIL

Bhubaneswar-based ARSS Infrastructure Projects Limited, infrastructure developer, has won two orders worth Rs71.62-crore from Steel Authority Of India Limited (SAIL) for their Bokaro steel plant.

The order from SAIL of Rs.47.89-crore is for the re-habilitation and up gradation of existing tracks inside the plant premises. The estimated time for the completion of the project is 24 months. The second order from SAIL for Rs23.73-crore is for construction of new tracks and signaling work and rehabilitation of existing tracks in rolling mills yard. The time for completion is 18 months.

The company had previously won a Rs99.9-crore contract from Madhya Pradesh Road Development Corporation Limited for widening and reconstruction of Shahdol-Singhpur-Tulra-

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