Saturday, April 18, 2009

Valecha Engineering gets projects worth 1.36 bln rupees

Valecha Engineering Ltd said on Monday it has won projects worth 1.36 billion rupees for infrastructure projects at Delhi and Srinagar.

A project for road resurfacing of a runway at Srinagar is worth 710 million rupees, while the other, for construction of an underpass near the domestic airport at Delhi is worth 650 million rupees, the company said in a statement to the exchange.
The firm also said it has formed a wholly owned subsidiary at Sharjah, UAE, known as Valecha International FZE.

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