Thursday, March 27, 2008

Simplex Infrastructures bags orders worth Rs 653cr

Simplex Infrastructures Ltd., one of India’s leading infrastructure solutions providers, today, announced bagging of projects worth Rs. 653 crore from different segments. These orders include civil and structural construction work of Hotel Ritz Carlton, Bangalore worth Rs. 139 crore; cement plant - Chandra Cement Works, Maharashtra worth Rs. 116 crore from ACC; sewerage system and allied works worth Rs. 175 crore from Indore Municipal Corporation; thermal power plants worth Rs. 207 crore and piling works worth Rs. 16 crore.

Commenting on this, Mr. Rajiv Mundhra, Director, Simplex Infrastructures Ltd. said, “We are proud to have bagged orders in various infrastructure verticals. It speaks of our strength as a company with diverse business portfolio. It is because of this, we have been able to tap the best out of different segments in the industry. With this, we see our capabilities - management and execution - strengthening exponentially.”

He added, “Simplex Infrastructures has been progressive and has maintained its robust growth consistently. This is a remarkable achievement for us with our book swelling up to Rs. 10,100 crore. We hope to continue the steady progress in future as well.”

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