Era Infra Engineering, (EIL) in consortium with KMB Ukraine, has secured a contract from Delhi Metro Rail Corporation (DMRC) for the construction of underground metro station & underground tunnel. The value of the contract is Rs 148.40 crore, and the project is scheduled to be completed by November 2009.
Commenting on the relationship with KMB, Ukraine, H S Bharana, CMD, Era Infra Engineering said, “I am pleased that our joint venture with KMB, Ukraine has started fetching good results for the group, it has always been our strategic intent of establishing strategic fit with partners which will help us in acquiring new skills. Era's expertise in execution along with KMB's expertise in construction of LRTs/MRTs will help biding for strategic contacts in future as well”.
With this, the order backlog for the Era group is Rs 4,731 crore . This is the total value of unexecuted orders as of December 31, 2007 and new orders received till date.
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