Indu Projects bags Rs 505 crore contract

Hyderabad, Feb 6 (UNI) Indu Projects Limited (IPL), Hyderabad-based infrastructure and real estate developer, has bagged Rs 505 crore civil and structural works contract of Maharashtra's power generation company, Mahagenco's 2 X 500 MW Bhusawal Thermal Power Station plant project.

Company's founder, M D&CEO I Syam Prasad Reddy said, ''By bagging the prestigious Mahagenco-Tata Projects civil and structural works contract, we have demonstrated our core-infrastructure project delivery capabilities and our commitment to adhering to quality standards.'' Indu Projects Limited had been sub-contracted by Tata Projects Limited for balance of plant works in connection with the expansion of the 2 X 500 Mw Bhusawal Thermal Power Station, Maharashtra, a company release said.

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