IVRCL, Nagarjuna Construction & Lanco Have Orders Worth Rs 8k Cr Trushna U & Sai Deepika Amirapu HYDERABAD JUST two days after returning to power, Congress government in Andhra Pradesh has started releasing funds to infrastructure companies implementing big-ticket irrigation projects in the state, valued at over Rs 1.2 trillion. Construction companies, such as IVRCL, Nagarjuna Construction Company and Lanco Infratech, are carrying out these projects under the Jalayagnam Scheme. The three firms have orders worth Rs 8,000 crore on the irrigation project. Congress promised to continue the scheme if voted to power. The multi-purpose projects that are at different stages of execution were stalled for a while as the state had delayed payments to the companies carrying out the projects. Money for these schemes came largely from sale of land. But the downturn in the realty market hit the resource-raising ability of the state through this route. These projects were launched by the government in 2004, and are scheduled to be completed by 2012.