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ARSS Infra hits upper circuit on winning new work order-news02022012

Wednesday, February 01, 2012

ARSS Infrastructure Projects' shares hit 5% upper circuit, after receiving work orders worth of Rs 255 crore for road projects from the Madhya Pradesh Road Development Corporation Ltd, ( MPRDC).
The first project of Rs100 crore is for strengthening. widening, maintaining and operating of Sijhata - Hinoti -Malgaon - Khamriya, Ater - Poudi - Mharajpur - Parsamaniya & Managawar - Kehunthpur roads (MDR Package - X) on built-operate and transfer ( BOT) on annuity basis.

“The second work order for strengthening, widening, maintaining and operating of Phoolsagar - Niwas -Shahpur Road (MDR Package - VII) on BOT, annuity basis. Total cost of the project is Rs155 crore,' the construction and engineering company said.....more info



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