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    RPP Infra Projects JV bags order worth Rs 232 crore

    Synopsis

    RPP-RK, a joint venture (JV) firm, has received a new work order for Rs 231.77 crore from Highways Department for Chennai Kanyakumari Industrial Corridor Projects, RPP Infra Projects said in a regulatory filing.

    InfraAgencies
    RPP Infra Projects said, with the work order, the company is on way to have order book of Rs 2,000 crore.
    RPP Infra Projects on Tuesday said its joint venture firm has bagged an order worth Rs 231.77 crore.

    RPP-RK, a joint venture (JV) firm, has received a new work order for Rs 231.77 crore from Highways Department for Chennai Kanyakumari Industrial Corridor Projects, RPP Infra Projects said in a regulatory filing.

    The work order has been awarded to the joint venture, where the company holds 60 per cent of the shares and partner RK Infra Corp, holds 40 per cent of the shares, it added.

    RPP Infra Projects said, with the work order, the company is on way to have order book of Rs 2,000 crore.

    The company said it has to execute these orders within a period of 24 months.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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