IVRCL bets big on foreign buys

Oct 26, 2010 |

Correspondent

IVRCL Infrastru-ctures & Projects Ltd is bullish on getting foreign projects and is aiming to build an order book of 20 to 25 per cent from overseas market. The company has bagged has three projects worth approximately `1,975 crore — two from Kingdom of Saudi Arabia and one from Nepal — marking its entry into foreign domain. “The firm is hoping to get more projects from Saudi Arabia,” Mr E. Sudhir Reddy, chairman IVRCL said.

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