Jyoti bags Rs 541 crore pumps order from Karnataka

27 Oct 2008 Evaluate

Engineering equipment company, Jyoti Ltd, has bagged two major orders totalling Rs 541 crore for supply of pumps for irrigation and drinking water purposes from the Karnataka Neeravari Nigam Ltd (KNNL), set up by the Karnataka Government.

The company has bagged these orders jointly with two major infrastructure companies for the Upper Bhadra Lift Irrigation Project – Package 1 and 2. The Package 1 was awarded to the joint venture of Jyoti Ltd and Sew Constructions Ltd for Rs 324 crore while the Package 2 was awarded to Jyoti Ltd, RN Shetty Infrastructure Ltd and Naveen Mechanised Construction Company Pvt Ltd, for Rs 1,032 crore.

The share of Jyoti Ltd in these is Rs 117 crore in Package 1 and Rs 424 crore in Package 2. The company is responsible for complete electro-mechanical work with associated control and instrumentation system, including transmission line of 110 KV and 220 KV along with sub-stations.

This is the single, largest electro-mechanical package awarded to any pump manufacturer in India. The project would be executed in the next three years and Jyoti Ltd would maintain the pumps for five years. Jyoti Ltd, which now has an order book worth more than Rs 1,000 crore, is also bidding for the supply of Narmada waters to the Kutch Branch Canal in Gujarat.


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