Supreme Infrastructure today said it has won two land development projects for Navi Mumbai International Airport for Rs 398 crore.
“The company has been declared L1 in the two EPC (engineering, construction and procurement) projects of City and Industrial Development Corporation of Maharashtra (CIDCO) worth Rs 397.68 crore,” the company said in a filing to the BSE.
It said package one entails land development of Navi Mumbai International Airport for Rs 203.53 crore. The other project pertains to land development of Navi Mumbai International Airport (Package-II) for Rs 194.15 crore.
CIDCO has awarded package III of the land development project for larger Navi Mumbai International Airport worth Rs 700 crore to Gayatri Projects.
Shares of the company closed at Rs 117.55 apiece, up 2.40 per cent from previous close on the BSE.