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FINANCIAL NEWS
UAE’s Elemec bags USD400m project in India
26 Feb 2011
(MENAFN) UAE’s Elemec Electrical Contracting Co reported bagging a deal worth USD400 million for the electromechanical engineering, design and execution contract of the India-based One Avighna Park, reported Khaleej Times.
The USD400 million commercial and residential development is located at Lower Parel in Mumbai, India’s financial capital.
The developer of the project reported that contract includes in the first phase a 64-storeyed luxury residential project, 23-storeyed residential (rehabilitation), and commercial as well as super deluxe service apartments.
It is worth noting that the project is designed by architects, WSP Cantor Seinuk, USA and landscaping by Site Concepts, Singapore.
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