Tuesday, February 26, 2008

Era Infra, KMB JV bags Rs 779 mn airport renovation contract

Era Infra Engineering`s construction & contract division, in joint venture with KMB, Ukraine has been awarded the work of expansion and modification to terminal building for international operation at C E Pune by Air Ports Authority of India on Feb. 25, 2008 valuing Rs 779,157,986.

The contract duration is 7.5 months.

Era Infra Engineering is a fully integrated infrastructure development company participating in India`s core infrastructure and construction sectors. The company is engaged in the development and construction of highways, airports, power plants, industrial projects, institutions, railways, and residential and commercial complexes.

Shares of the company gained Rs 22.2, or 3.21%, to trade at Rs 714.75. The total volume of shares traded was 9,112 at the BSE. (10.25 a.m., Tuesday)

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