Simplex Infrastructures bags orders worth Rs. 1006.70 crores from overseas market

Simplex Infrastructures bags orders worth Rs. 1006.70 crores from overseas market

Ø The current order book stands at Rs. 7000 crore approx

Mumbai, June 13, 2007: Simplex Infrastructures Ltd., one of India’s leading infrastructure solutions providers, today announced bagging of two overseas orders aggregating to Rs.1006.70 crores. The orders have been received from Gulf Cement Company, Qatar; the scope of work includes various on-shore mechanical, electrical equipment erection, commissioning assistance and civil work for cement plant. The value of the order is Rs. 654.6 crores. The second order is worth Rs. 352.01 crores, and has been received from Al Mazaya Real Estate, Dubai. The job description is execution, construction, completion and rectifying of defects of 6 independent buildings at Uwan, Dubailand, Dubai. Both the projects are scheduled to be completed in a period of 24 months.

Commenting on this, Mr. Amitabh Mundhra, Director, Simplex Infrastructures Ltd. said, “These two prestigious projects bestowed on us from Gulf Cement and Al Mazaya has helped us in not only strengthening our presence in the Middle East but also represent Simplex Infra’s efficiency in handling huge projects. Simplex Infra is expanding its wings and our order book has crossed over Rs 7000 crore (approx); over 30% of it are form the overseas market. We being awarded projects across infrastructure verticals, speak about our project management and executional capabilities.”

About Simplex: Incorporated in 1924, Simplex Infrastructures Ltd. is one of the largest infrastructure solutions providers today, with more than eight decades of successful operations. Simplex has completed more than 2000 successful projects in India and abroad.

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