EIEL bags Rs 357 crore order from Nabinagar Power Generating Co

Era Infra Engineering Ltd (EIEL) today said it has bagged Rs 357 crore project from Nabinagar Power Generating Company, a joint venture of NTPC and Bihar State Electricity Board.

The contract is for offsite civil package for 1800 MW Nabinagar Super Thermal Power Project in Aurangabad district of Bihar, the company said in a statement.

"EIEL, an integrated infrastructure company with pan India presence has been awarded a contract...for SG and offsite civil works package for Nabinagar Super Thermal Power Project in Aurangabad district of Bihar.

"This has been awarded by Nabinagar Power Generating Co Ltd, a joint venture of NTPC and Bihar State Electricity Board," the statement added.

EIEL had earlier bagged a construction order worth Rs 383.7 crore from Delhi Metro Rail Corporation.

The company is an integrated infrastructure firm with its presence across the country.

EIEL had reported 26 per cent dip in consolidated net profit at Rs 109 crore for the year ended March 31, 2013.

However, the consolidated net sales for last fiscal had risen to Rs 4,684.8 crore, over Rs 4,365.9 crore in FY'12. EIEL's shares were trading at Rs 144.50 apiece, up 0.42 per cent on BSE during afternoon trade.