Evader, Inc.
Pink Sheets : EVDR

Evader, Inc.

May 23, 2011 08:20 ET

ASCC Construction (EVDR) Completed $25 Million Project in Punjab

NEW DELHI, INDIA--(Marketwire - May 23, 2011) - Evader, Inc. (PINK SHEETS:EVDR) (www.evadercorp.com) subsidiary ASCC Construction, ASCC Construction (EVDR) Completed USD $ 25 million Hydel Project In Punjab.

ASCC is happy to inform that it successfully completed prestigious Dam project and its appurtenant works in Punjab valuing at $25 million. This involves design / delivering / erecting radical gates, Hoist Bridge mounted on trestles and allied component.

The work is to provide an impounded reservoir for storing base flow of almost throughout the year. Work involved is 35 lacs cubic metre of earthwork, 50 thousand cubic meter of concrete, 20 thousand cubic meter of RR masonry including and 300 square meter of spill way gate 10,000 meter of 46mm hole drilled and grouted for making the spill way & dam structure.

Commenting on the development, Mr. Walia, CEO of EVDR and Managing Director of ASCC said, "our company earlier also fully completed in record time part of prestigious Punjab Irrigation department project namely SYL Canal project "with a length of 121.064 KM and worth $ 200 million USD. ASCC successfully completed Construction of RCC Structure CC Lining, Super Passage, Earthwork , V.R. Bridges, draining system and Exit Channel of SYL Canal Project.

ABOUT Punjab Irrigation Department: P.I.D. was set up in the year 1849 and has a number of milestones worth mentioning. Multipurpose projects like Bhakra Dam on river Sutlej, Pong Dam on river Beas, Beas Sullej Link Project and Ranjit Sagar Dam on river Ravi have been constructed in addition to construction of Nangal Hydel Channel, BhakraCanal System, Mukerian Hydel Channel, Shah Nehan arrage, Harike Barrage etc.

EVDR will keep shareholders updated on new developments in a timely manner.

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