ITD Cementation bags Rs.1.12 bn SICAL project

March 4th, 2008 - 2:41 pm ICT by admin  

Mumbai, March 4 (IANS) Southeast Asia’s infrastructure construction major ITD Cementation India Ltd has bagged a Rs.1.12 billion project from the South India Corporation (Agencies) Limited (SICAL) Iron Ore Terminals. According to the company, the project entails the construction of several jetties, platforms, buildings and civil works to be completed in 22 months.

Giving the information to the Bombay Stock Exchange (BSE) Tuesday, the company said in a release that before the SICAL project, ITD had received a Rs.3.34 billion quay wall and storage construction project from the Chennai International Terminals ltd, a subsidiary company of Port of Singapore Authority.

The company said the two projects had given ITD an entry into the marine engineering sector.

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