ARSS Infrastructure Projects Limited has been awarded work order worth Rs146.43cr in a joint venture by National Highways Authority of India (NHAI) in Odisha.
“A work order of Rs146,42,74,852.80 for Completion of Balance Work of Panikoili-Rimuli section of NH-215 (new NH-20) from Km. 0.000 to Km. 163.000 (Design Chainage Km. 0.000 to Km. 166.173) in the State of Odisha on single percentage item rate contract have been awarded in favour of one of our Joint Venture named ARSS-SCPL by National Highways Authority of India on January 8, 2021 which was intimated to the company on January 9, 2021,” company said in a regulatory filing on Saturday.
At around 12.58 pm, ARSS Infrastructure Projects Ltd was trading at Rs28.25 per piece down by Rs1.05 or 3.58% on the BSE.