Simplex bags Rs 1007 cr overseas orders

Infrastructure solutions provider Simplex Infrastructures Ltd on Wednesday announced bagging of two overseas orders aggregating to Rs 1,006.70 crore.

BANGALORE: Infrastructure solutions provider Simplex Infrastructures Ltd on Wednesday announced bagging of two overseas orders aggregating to Rs 1,006.70 crore.

Simplex bagged the first order from Qatar-based Gulf Cement Company amounting to Rs 654.6 crore. The scope of work includes various on-shore mechanical, electrical equipment erection, commissioning assistance and civil work for cement plant, Simplex said in a statement.

The second order is worth Rs 352.01 crore from Al Mazaya Real Estate, Dubai. The job description is execution, construction, completion and rectifying of defects of six independent buildings, it said.

Both the projects are scheduled to be completed in a period of 24 months, it said.

"Simplex Infra is expanding its wings and our order book has crossed over Rs 7,000 crore. Over 30 per cent of it are from the overseas market," company's Director Amitabh Mundhra said.
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