September 19, 2007

Nagarjuna Construction

Nagarjuna Construction Company Ltd has announced that the Company in consortium with M/s. POSCO E & C of South Korea has bagged an EPC Contract valued at Rs 1,558 crores from Steel Authority of India Ltd for IISCO Steel Plant at Burnpur, West Bengal. The Project comprises of setting up of Blast Furnace Complex to be completed over a period of 30 months. This will be the largest Blast Furnace in India and would be based on State-of-the-art Technology of POSCO E&C. The Company's Share of the order is Rs 1,100 crores approximately.

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