Lanco Infratech wins bid for 3 construction projects worth Rs.102 crores

Lanco Infratech Ltd has announced that the Company has won the bid for three construction projects worth Rs 102 crore in Karnataka and Tamil Nadu. With this, the order book of the construction and EPC division of the Company stands at more than Rs 5,000 crore.

The projects include upgradation of public health centres to community health centres and taluk level hospitals for the Karnataka Health Systems Development and Reforms Project, construction of institutional buildings for Government Medical College at Belgaum for the Public Works Department, Karnataka and supply and laying of 600mm dia water supply DI for Chennai Metro Water Supply and Sewerage Board, Chennai.

At present, the power portfolio has an operating capacity of 518 MW and additional capacities cumulating to more than 2,200 MW under construction.

Shares of the company were trading at Rs.152.3, down by Rs.6.05 or 3.82% on volume of 56085 shares.

Source : Equity Bulls

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