The Indian Hume Pipe Company Limited has received a Letter of Acceptance from Maharashtra Krishna Valley Development Corporation for the construction of a Piped Distribution Network (PDN) for Palashi Branch Canal, Vadjal Branch Canal, and Man Canal of the Urmodi Irrigation Project, with a contract value of Rs.156.27 crores (excluding GST).
The project is expected to be finished in 18 months. The Agreement will be signed as soon as possible.
Indian Hume Pipe Company Limited’s stock traded at Rs. 201.95 on the BSE, up from its previous closing of Rs. 194.95.
