JMC Projects bags orders worth Rs 1,966 cr
Myequity news service | Date : 26-06-2018 14:30:00 IST
JMC Projects, a subsidiary of Kalpataru Power Transmission Limited, has secured new orders amounting to Rs. 1,966 crores.
JMC Group has secured two turnkey projects under Micro Lift Irrigation Scheme worth Rs. 2,650 crores from Narmada Valley Development Authority (NVDA) in MP. The share of JMC in these projects is around Rs. 1,600 crores.
The company wins new orders in the water and building segments. These large irrigation orders will help the company to improve their capabilities and further strengthen their presence in the water segment. Overall, the robust and well-diversified order book gives the confidence that the company may deliver the growth target of 15-20 per cent for FY19.About JMC Projects (India) Limited:
JMC Projects is a renowned construction company under Kalpataru Group, a reputed transnational conglomerate, with transnational operations. With its focus on customer satisfaction, robust management and execution capabilities, JMC has emerged as one of the leading civil EPC Company. In last three decades, JMC has contributed towards country's infrastructure by constructing highways, expressways, bridges, flyovers, townships, high-rise buildings, hospitals, industrial units, power plants among others. JMC provides services across the construction sector i.e. civil, structural & MEP for all major industries and project types.
JMC Projects closed 3.48% up at Rs 542.00