Maytas Infra secures two prestigious orders worth Rs 481 crore

Maytas Infra LtdHyderabad-based Maytas Infra Ltd has secured two orders worth Rs 480.67 crore for electrification of Beed and Nanded districts of Lathur Zone, and Ahmednagar district of Nashik Zone from MSEDCL under ‘Infrastructure Development Plan’.

The company has bagged first order worth Rs 214.77 crore, from MSEDCL under Mahavitaran, Infra Plan in Beed & Nanded Districts of Lathur Zone.

While, the second order, valued at Rs 265.9 crore has been picked from MSEDCL under Mahavitaran, Infra Plan in Ahmed Nagar District of Nasik Zone.

According to the company, the scope of work for both the packages includes construction of 33/11 kV Substations, 33/11 kV LT Transmission Lines, extension of new Distribution Lines + RMUs and related works.

Maytas' share price has increased by 2% on the Bombay Stock Exchange (BSE) today to close at Rs 478. The total volume of shares traded was 11,129 at the BSE.

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