Era Infra Engineering said on Tuesday it plans to enter in the education field and aims to set-up a university over the next two years.

The city-based infrastructure company, which has an order book of about Rs 10,000 crore (Rs 100 billion), has received approval from All India Council for Technical Education for starting management programmes at its newly management school in Delhi, Era Group chairman and managing director HS Bharana said.

"We are entering into the education field with management courses and aims to set up a university, which we expect to be functional by 2012," Bharana said.

The company is working on the project and the University is likely to be set-up somewhere at Rajasthan-Haryana border area, he said.

However, he did not revealed the amount his group will be investing on the project.

Our intention to enter in the education field is to offer quality education and to cater the industry demand of skilled professionals, Bharana said.

The Era group recently announced its entry into the power transmission and distribution business and has a formed a subsidiary, Era Power Ltd, for the same.

Era Infra Engineering is listed on the stock exchanges.