ITD Cementation Secures ₹1,937 Crore Contract for Commercial Building in UP
Team FS
03/Oct/2024

Key Takeaways:
ITD Cementation secured a ₹1,937 crore contract for constructing a commercial building in Uttar Pradesh.
The contract falls under the ordinary course of the company's business and includes taxes and duties.
ITD Cementation has a strong presence in heavy civil, infrastructure, and EPC business sectors across India.
ITD Cementation India Limited, a leading player in India's engineering and construction industry, has secured a new contract worth approximately ₹1,937 crore. The contract includes taxes and duties and involves the construction of a multistoried commercial building in Uttar Pradesh. This development further solidifies the company's position as a prominent player in India's booming infrastructure sector.
The contract awarded to ITD Cementation is part of the company's ongoing business operations, specializing in large-scale civil and infrastructure projects. The company has a long-standing reputation for delivering high-quality projects across various sectors, including Maritime Structures, Mass Rapid Transit Systems, Airports, Hydro-Electric Power, Tunnels, Dams & Irrigation, Highways, Bridges & Flyovers, and Water & Waste Water Management. This latest project showcases its extensive experience and expertise in engineering, procurement, and construction (EPC).
ITD Cementation India Limited has been a trusted name in India's construction industry for over nine decades, consistently working on high-profile and complex infrastructure projects. With a strong presence in industrial structures, buildings, and foundation engineering, this new contract is yet another example of how the company continues to meet the growing demand for infrastructure development in India.
The project in Uttar Pradesh is a key addition to the company's growing portfolio, helping meet the state's commercial infrastructure needs. ITD Cementation is known for delivering projects on time and maintaining stringent quality standards, which has earned them a reputation as one of the most reliable construction companies in the country. This contract, valued at nearly ₹2,000 crore, is a testament to the company's engineering capabilities and ability to execute large projects efficiently.
The contract aligns with ITD Cementation's strategic goals of expanding its business and tapping into the growing demand for commercial infrastructure. As Uttar Pradesh continues to attract investments and develop its economy, large-scale projects like this are essential for supporting economic growth and urban development.
For those following the latest in construction news and infrastructure developments in India, this project signals continued growth for ITD Cementation and a positive outlook for the construction and infrastructure sectors in the country. The company is well-positioned to handle the increasing demand for urbanization and commercial development, with a track record that spans some of the most challenging engineering projects in the country.
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As ITD Cementation India Limited continues to secure large-scale contracts, its leadership in the engineering and construction space remains undeniable. The company's commitment to delivering high-quality infrastructure projects positions it as a key player in shaping India's urban landscape and commercial development.