Nagarjuna secures six new orders

Hyderabad: Nagarjuna Construction Company announced it has secured six new orders aggregating Rs 484 crore, including construction of a five-star hotel in Hyderabad.

In a statement, the Managing Director, Mr A. Ranga Raju, said the first order which is valued at Rs 121 crore was secured from the Golden Jubilee Hotels Ltd, for the construction of a five-star deluxe hotel at Madhapur in Hyderabad, to be completed within 15 months.

The second order from MP Paschim Kshetra Vidyut Vitaran, worth Rs 111 crore, is to be completed within 12 months and the third from the National Institute of Technology, Agartala for the construction of hostel. The later order is valued at Rs 99 crore and is mandated for completion within 21 months.

He informed the BSE that another major order was from the Director-General, Project Seabird, New Delhi for the construction of dwelling units and common facilities for the Seabird project, valued at Rs 45 crore, and to be completed in 18 months.