Simplex Projects wins order worth Rs 400 crore

Simplex Projects wins order worth Rs 400 croreCivil engineering and construction company, Simplex Projects has informed that it has secured two new orders worth Rs 206 crore.

The company has received first project, which is valued at Rs 113 crore, from the PWD Department, government of Tripura for construction of bridges over rivers under different packages.

While, the another order worth Rs 93 crore has been picked by the company, from New Okhla Industrial Development Authority (NOIDA) for design, construction, operation and maintenance of Multi-level Automatic Car Parking facility at Sector-38 Noida. The project is for 20 years duration.

Counting the latest secured contracts, the total outstanding order book position of the company has grown to Rs 3,000 crore, including an international order of Rs 2,000 crore.

The shares of the company closed today at Rs 91, up 5% compared to previous close of Rs 87.