Hacked by islam_Bey imhatimi.org

C & C Constructions Ltd has announced that the Company has been awarded a contract amounting to Rs 5.74 billion (Rs 574 crore) from Jaypee Associates Ltd for the construction and development of a four lane road from Zirakpur to Parwanoo, passing through the states of Himachal Pradesh, Haryana and Punjab.

The Company had previously bagged two orders worth Rs 2.02 billion from the Himachal
Pradesh Road and Infrastructure Development Corporation Ltd, which were under the
World Bank aegis. This contract from Jaypee Associates Ltd is the second EPC contract
in Himachal Pradesh for the Company. The road is expected to be completed in 26 months.

C & C Constructions has consistently displayed a high degree of competence and expertise in executing projects in highly challenging geographies and terrain. This assignment offers the Company an opportunity to cement its position as a developer of roads and infrastructure in the state of Himachal Pradesh.

Commenting on the development Mr. Gurjeet Singh Johar, Chairman - C&C Constructions Ltd said, “This contract from Jaypee Associates will enable us to solidify our position as an infrastructure developer in these Northern states like Himachal Pradesh and Punjab. We expect the construction to be completed by June / July 2010. We are quite confident that our experience in project management in difficult terrains will keep us focused on timely and successful execution through these three states. Our current order book has now grown to over Rs 15 billion, which is scheduled for implementation over the next two to three years.”

C & C Constructions Ltd has announced that the Company has been awarded two contracts amounting to Rs 202 crores from the Himachal Pradesh Road and Infrastructure Development Corporation Ltd. This is the first entry of the Company in the state of Himachal Pradesh. Earlier the Company had bagged three orders cumulatively worth Rs 209 crores from the state of Punjab under the World Bank aided development scheme. The two contracts in Himachal Pradesh, also under the World Bank aegis, are for widening and strengthening of a 90 km stretch within the state. The Company has a forte of bagging additional works in and around the area they start work.

With the addition of these orders the Company’s order book now stands at Rs 1008 crores which it is confident of executing by June 2009.