Sunil Hitech Engineers bags Rs 474 cr road projects in Bihar

New Delhi, Oct 19: Sunil Hitech Engineers today said it has bagged orders worth Rs 474 crore for projects in Bihar from Ministry of Road Transport and Highways.

"Sunil Hitech Engineers Limited has been awarded two orders worth Rs 474 crore in Bihar from Ministry of Road Transport and Highways on engineering, procurement and construction (EPC) mode," the company said in a regulatory filing.

The orders have been awarded to Sunil Hitech-RCM JV and is part of National Highways Interconnectivity Improvement Project, funded by World Bank, it said.

Sunil Hitech Engineers Managing Director Sunil Gutte said, "with the receipt of these orders, we are continuing our strategy to diversify our order book which will improve the profitability."

The company's total order book now in road segment is approximately Rs 1,000 crore comprising five project, Gutte said.

PTI