IVRCL Infrastructures was set up in 1990 as a provider of premier LSTK and EPC services along with engineering capabilities. IVRCL Infrastructures Ltd. became a listed company in 1995. However, it was not until 2001 that the company forayed into DBOOT, BOT, and BOOT projects.
The IVRCL Infrastructures & Projects Ltd. functions in infrastructure sectors such as power, water and environment, industrial and buildings structures, and transportation. IVRCL Infrastructures' power sector has captured a large part of this sector for it provides services in the construction of substations, transmission lines, rural electrification, and distribution lines. The water and environment sector of the IVRCL Infrastructures Company aims to provide Indian states with continuous water flow for drinking and irrigation purposes. The various projects that this sector of the company handles include desalination, solid waste management, and sewage systems.
The Infrastructures IVRCL Company's sector for industrial and buildings structures capabilities include the designing and construction of landmarks such as townships, industrial buildings, and commercial buildings. The company's transportation sector has adopted the latest technologies and procedures in order to maintain and modernize Indian roads. In the country IVRCL Infrastructures has constructed many tunnels, national highways, railways, and bridges.
IVRCL Infrastructures' turnover amounted to Rs. 15214.23 million in 2005- 2006 and next year, the figure stood at Rs. 23464.57 million. The net profit of the company amounted to Rs. 929.55 million in 2005- 2006, which shot up to Rs. 1414.62 million in 2006-07. This shows that the IVRCL Infrastructures Ltd's profit levels have increased significantly.
The various clients of the IVRCL Infrastructures are:
- Airports Authority of India
- Tata Steel Limited
- Andhra Pradesh Government
- Reliance Industries Limited
- Indian Railways
The IVRCL Infrastructure's profit levels and client list goes to show that the company is one of the leading companies in the infrastructure sector in India.
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