NEW DELHI: (Jun 22) Indore-based Laxyo Ltd, an integrated infrastructure and mining services company, on Monday said that it has expanded its operations in Africa and bagged a Rs 200-crore contract in Zambia.
The project, being executed through its subsidiary, Laxyo Evapeta Zambia Ltd, represents the company's first overseas raise-boring contract and currently accounts for 12.6 per cent of its total order book.
"Indore-based Laxyo Ltd, an integrated infrastructure and mining services player, has marked a significant milestone by expanding its operations into the African mining market through a Rs 200-crore raise boring contract at Mopani Mines in Zambia," the company said in a statement.
