Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Chairman & Managing Director||E Sudhir Reddy|
|Independent Director||T R C Bose|
|Independent Director||P R Tripathi|
|Company Secretary||B Subrahmanyam|
|Independent Director||V Murahari Reddy|
|Independent Director||Hima Bindu Myneni|
|Nominee (SBI)||Rajeev N Mehra|
IVRCL Infrastructure & Projects Limited began its journey in the year 1987. Strongly entrenched with proven domain knowledge, experience and credentials, IVRCL operates infrastructure sectors includes Water & Environment, Trasporation, Buildings and Power. Since inception, IVRCL has put in place stringent policies to create a safe and healthy environment at the project sites. The companys landmarks in quality consist of ISO: 9001 - 2000 for Quality Management System, ISO: 14001 - 2004 for Environmental Management System and ISO: 18001 - 1999 for Occupational Health & Safety Assessment Series.
The commercial operations of the company were started in the year 1990. In the same year, IVRCL established itself as a premier EPC & LSTK Service Provider with front-end engineering capabilities. During the year 1995, with the Initial Public Offering, IVRCL became a Listed Company and has been maintaining a consistent dividend payment record. The Company foray into Build-Operate- Transfer BOT/BOOT/DBOOT projects since 2001. In the year 2003, the contract for execution of the work of Water Supply Scheme to Achampet was came to the company. The Company made joint venture with SPCL during the period of 2003-04 for executing the road widening of AP2 package in NH5 of the Prime Ministers Golden Quadrilateral Project of the National Highways Authority of India (NHAI) in Andhra Pradesh and also the company has entered into joint venture with M/s. UAN Raju Construction Company for execution of the Tunnels work for laying BG line for Konkan Railway in the state of Jammu & Kashmir.
IVRCL awarded contract for the value of 78.79 crores during the year 2004 and bagged a project in Jammu & Kashmir. IVRCL has entered into joint venture with SEW Constructions Ltd and Prasad & Company (Project Works) Limited during the period of 2004-05 to bid for and execute large-scale projects of the Irrigation & CAD Dept., of Government of Andhra Pradesh. The contract has been allotted to the consortium and the companys share is 50% of the total works and also in the same year the joint venture has been formed between IVRCL and Sri Harsha Constructions to bid for and execute the work of construction of MGR Link Line and earth works in the formation of railway, road and bridgework and permanent way work for National Thermal Power Corporation Ltd, SIPAT - Package - 3. In the year 2005, the company has entered into a joint venture with Spain-based Befesa, a holding company of Ina Bensa, to bid for the Rs 800 crore water desalination plant projects in Chennai on Build-Operate- Transfer (BOT) basis. IVRCL secures a contract worth Rs 17.37 billions from Government of Andhra Pradesh and signed pact for desalination plant in Chennai.
During the year 2006, IVRCL Infrastructures secured the order worth Rs 5578 million from the Irrigation and CAD Department, Government of Andhra Pradesh for execution of Handri Niva Sujala Shravanthi (HNSS) Phase-I project and also bagged orders worth Rs 388.16 Crores relating to Telugu Ganga Project, Nandyal Circle. IVRCL is the owner of the National Safety Council of India Safety Awards - 2006. In December 2007, IVRCL Infrastructure and Projects has forayed into a share purchase agreement to buy 100% shares of Alkor Petroo, unlisted oil and gas exploration and Production Company, by the consideration of Rs 15 crores. The Company received BAI Award 2007 - Builders Association of India Pune Centre.
During the year 2008, IVRCL bagged irrigation works of the value of Rs 478.48 Crores from Narmada Valley Development Authority, Bhopal for execution of Canal system of Indira Sagar Project Phase-III, Sanawad District, Madhya Pradesh and in May of the same year 2008, bagged Rs.468 Crores AP Order and in June 2008, the company has entered into the Oil & Gas sector services. The company has bagged a contract worth of Rs 837.6 crore from ONGC Petro additions. IVRCL Infrastructure & Projects Ltd has been selected as the winner of the Golden Peacock Award for Occupational Health & Safety - 2008 by the award Jury.
IVRCL is dedicated to improving the overall quality of life in the country. It believes in making a holistic contribution to all sectors including water, roads, industrial structures, residential complexes, power projects etc. For IVRCL, quality is the overpowering virtue around which the whole system functions. Engineering and design capabilities are IVRCLs proven strengths. Its turnkey projects in various sectors are characterised by pioneering ideas and impressive execution capabilities.