Corporate News     17-Dec-11
Supreme Infrastructure India new work orders worth Rs 212.30 crore
Supreme Infrastructure India (SIIL) has completed EPC for 1st marine project - Kasheli Bridge and commenced tolling operations. The company has added orders worth Rs 212.30 crore along with a bridge project for Rs 124 cr where the company is declared L1. The company has also added a road BOT project in the State of Maharashtra. Further, the company is in advance dialogue with the strategic investors to explore possible investments in its BOT portfolio.

The company has completed its maiden project in the marine segment. The EPC work involved building a 6 lane flyover on Old Thane Nashik highway for a length of 1.2 km on the Thane Creek for Rs 301 crore. This project was awarded to SIIL in 2009 by the Sangam group and has been completed in 36 months. The project involved complex engineering skills to cast pilling with depths ranging from 15 - 25 meters. SIIL holds 10% equity stake in the Kasheli Bridge SPV viz. Kalyan Sangam Infratech. This SPV was involved in the construction of the Kasheli Bridge on a BOT basis. The construction of Kasheli Bridge has been completed and tolling operations have commenced.

The work for construction of Villas and premium apartments have been awarded by BPTP Group, Gurgaon to the company. This is a state of the art project being developed in Gurgaon. The order size is Rs 71 crore and is expected to be executed by March - 2014.

The work order has been awarded to the company by Ramprastha Group to the company for the construction and development of Multi storied tower 'SKYZ', at Gurgaon, The scope of work order involves construction of 9 towers of 19 stories each. The order size is Rs 141.30 crore and is expected to be executed by March - 2014.

The company has been declared L1 by MMRDA for the design and construction of flyovers at Rajnoli junction (Km. 549/200) and at Mankoli junction (Km.554/750) on NH-3 at Thane Nashik Road. The order size is Rs 124 crore.

The company made this announcement on 16 December 2011.

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