Infrastructure development firm Maytas Infra on Thursday said it has bagged an order worth Rs 790 crore from ILamp;FS Transportation Networks Ltd ITNL for road construction work.
The company has been awarded the Pune-Sholapur road contract worth Rs 790 crore,Maytas Infra said in a filing to the Bombay Stock Exchange.
The project is to be completed in a period of 20 months.
8220;Through this project,we envisage assisting our client in building and providing a quality infrastructure link between the two important cities of Maharashtra and contribute to its economic growth,8221; Maytas Infra President Chander Sheel Bansal said.
Maytas Infra Ltd had submitted its offer to ITNL in October 2009.
8220;This contract will go a long way in boosting the image of Maytas Infra in the market and restoring the confidence among its stakeholders,8221; the filing added.
Shares of Maytas Infra were trading at Rs 145.80 on the BSE,up 2.42 per cent from its previous close.