The project will supply water to 202 main habitations and 355 other habitations in the Ajmer Rural, Arain, and Silora blocks of Ajmer district, drawing from the Bisalpur Dam system. The company received the Letter of Acceptance (LoA) on July 10.The contract also includes a one-year defect liability period followed by operation and maintenance for a duration of ten years. The work, to be executed under the supervision of the Public Health Engineering Department (PHED) in Rajasthan, is expected to be completed within 20 months from the 10th day after issuance of the work order. The order also includes operation and maintenance of the project for 10 years.
With the latest orders, the company’s total order book stands at ₹3,370.32 crore.Earlier in March, the company secured a ₹80.98 crore contract from the Chennai Metropolitan Water Supply and Sewerage Board. The project involves strengthening water infrastructure by constructing underground water tanks, setting up distribution stations, laying feeder mains, and replacing PVC water mains.
Prior to that, in October 2024, the company secured two key orders, including a ₹217.6 crore road improvement project in Maharashtra’s Jalgaon for the upgradation of the Kothore Digar–Satana–Malegaon–Chalisgaon–Pachora–Shendurni–Pahur–Wakadi road.
The company also bagged another ₹318.63 crore contract for the reconstruction and widening of bridges and culverts on the Alibag Bypass Road, along with the improvement of Pachorowadi-Shewale-Satgaon Road in Nashik.
The company’s shares rose by ₹6.87 or 4.99%, hitting the upper circuit in the session on Friday (July 11). The stock has fallen close to 28% in the year so far.
Catch the live market updates with CNBC-TV18.com’s blog
(Edited by : Asmita pant)