ITD Cementation Ltd announced that the company has won contracts worth Rs 900 crore from Indian Oil Corporation Limited (IOCL), and Adani Ahmedabad International Airport Limited.
The company will do construction of Captive Petroleum Oil and Lubricants (POL) I LPG Marine jetty and associated mechanical, electrical, fire-fighting, and instrumentation facilities at Kamarajar Port Limited in Ennore, Tamil Nadu, for IOCL.
It will carry on modification and refurbishment work of Terminal 1 building at Sardar Vallabhbhai Patel International Airport in Ahmedabad, for Adani Ahmedabad International Airport Limited.
The company is expected to generate total revenue of Rs 900 crore from both contracts.
01/02/22 IIFL Securties
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