Indian Hume Pipe Company has informed that the Company has received Letters of Acceptance for two project orders aggregating to Rs 258.19 crores excluding GST from Madhya Pradesh Jal Nigam Maryadit for the works of: i) Sanjay Sagar (Naharayi) Multi Village Scheme, District Bhopal & Vidisha in Single Package on Turn-Key job basis including Trail Run and Operation & Maintenance of the Entire Water Supply Scheme for 10 years of Rs 177.39 crores excluding GST. The project is to be completed within 28 months. ii) Kerwa Multi Village Scheme, District Bhopal in Single Package on Turn-Key job basis including Trail Run and Operation & Maintenance of the Entire Water Supply Scheme for 10 years of Rs 80.80 crores excluding GST. The project is to be completed within 24 months. The Agreements will be signed in due course. The promoter/ promoter group/ group companies do not have any interest in the entity that has awarded the work orders and the awarded work orders will not fall within related party transactions.
The above information is a part of company’s filings submitted to BSE.
