Simplex Infra outlines investment plan

Mumbai: Infrastructure company, Simplex Infrastructure, has planned a capital expenditure for the next fiscal year.

Simplex Infrastructure operates in ground engineering, industrial building and housing, power, marine, roads, railways and bridges, and urban infrastructure.

The funds will be used for construction activities, realted to equipments and will be undertaken through internal accruals and debt.

The company has also submitted bids for projects worth Rs 40,000 crore.