IVRCL bags order worth Rs 499 cr from AP

MUMBAI: Engineering firm IVRCL Infrastructures & Projects on Tuesday said it has bagged Rs 499.23 crore order for providing irrigation facilities to the Andhra Pradesh government.

Under the four year contract IVRCL would lift water from Godavari river, IVRCL said in a filing to the Bombay Stock Exchange

Last month, the company had won a Rs 418.50 crore order for providing irrigation facilities to the government of Madhya Pradesh.

Under the three-year contract IVRCL would implement the lift irrigation project for the Narmada Development Division in the state. Shares of the company closed at Rs 195.60, down 1.86 per cent on the BSE.