Madhucon JV bags order worth $3.9 million

Madhucon Projects JV (joint venture) has grabbed an order worth USD 3.9 million road project order from the Nepal government.

The company officials told reporters that the scope of the order includes up-gradation of Sanfebagar – Martadi road under road improvement project scheme funded by Exim Bank of India.

In a statement to BSE, the company said that it also plans to increase its thermal power plant capacity to 1,920 MW at Krishnapatnam, Andhra Pradesh.

Presently, Madhucon Projects is working on infrastructure projects, which deal with expressways and national highways, irrigation and water supply, sewage treatment, engineering and property development.