Indian Hume Pipe Company has received Letter of Acceptance for the work of Rs.198.80 crore (excluding GST) from Minor Irrigation and Ground Water Development Division, Kalaburgi, Karnataka Government for the work of Filling of tanks in Kalaburgi (south) Taluka of Kalaburgi district by lifting Water from Bennethora Reservoir for ground water development & drinking water purpose on turnkey basis including operation and maintenance for 5 years.
The project is to be completed within 24 months.
The Agreement will be signed in due course.
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Indian Hume Pipe Company rose 2% to Rs 212 after the company received a letter of acceptance (LoA) for the work of Rs 198.80 crore from the Karnataka Government.
Indian Hume Pipe on Thursday announced that it has received a LoA from the Minor Irrigation and Ground Water Development Division, Kalaburgi, Karnataka Government for the work of filling of tanks in Kalaburgi (south) Taluka of Kalaburgi district.
The scope of the work is lifting water from Bennethora Reservoir for ground water development & drinking water purpose on turnkey basis including operation and maintenance for five years. The project is to be completed within 24 months.
Indian Hume Pipe Share Price Gains After Bagging Orders Worth Rs 198 Crore From Karnataka Government moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.