Tuesday, April 5, 2011

Avtar Singh Construction Company (EVDR) $30-Million Bid: Bihar Irrigation Project

DELHI, INDIA--(Marketwire - 04/05/11) - Evader, Inc. (PINK SHEETS:EVDR - News) (www.evadercorp.com) subsidiary Avtar Singh Construction Company (ASCC), one of India's largest builders, has submitted a tender for an irrigation project in the state of Bihar estimated to be worth $30 million.

This is one of the most prestigious projects for Bihar Irrigation Corporation's irrigation department. It comprises building a dam, head works, a main irrigation canal and a complete network of distributary channels with field channels.

The present water shortage to the 32,680 hectares of agricultural land affecting residents of Bihar will be resolved by the completion of this project. Irrigation engineering projects provide the only means of irrigation in several tracts of land (including the bulk of chronically drought-affected areas), and the labour-intensive work provides extensive opportunities for rural employment.

"We are proud to continue our relationship with Bihar Irrigation Corporation," says Evader CEO S. Avtar Singh Walia. "Managing the construction of this important project for the benefit of the people of Bihar would bring a great honour to ASCC and greatly increase our competitiveness in India's construction market."

Evader will update its followers and shareholders on new developments shortly.

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