Era Infra bags Rs 130 cr order from AAI

Mumbai: Infrastructure firm Era Infra Engineering on Wednesday said that its joint venture with Ukraine-based firm KMB has bagged a Rs 129.65 crore contract from the Airports Authority of India (AAI).
In a filing to the Bombay Stock Exchange, Era Infra said the contract consists of construction related works at Raipur airport. The scope of work would include civil, sanitary, plumbing, baggage conveyor system among others. The project is scheduled to be completed by September 2009.
"The demand for quality infrastructure with international standards has taken utmost importance in the aviation sector. This contract will be our second assignment in this sector after the Pune airport renovation contract," Era Infra Engg Head (Construction & Contracts Division) T D Arora said. Shares of the company were trading at Rs 486.50, up 1.92 per cent in the late afternoon trade on the BSE.
10/09/08 PTI/The Hindu

To Read the News in full at Source, Click the Headline

Categories: Airports Sep 2008, Foreign Sep 2008