Sobhagya Mercantile’s Joint Venture (JV) -- M/s Adyal L.I.S. (JV) has received a work order from the Vidarbha Irrigation Development Corporation, Nagpur Office of the Executive Engineer, Gosikhurd Right Bank Canal Division, Bramhapuri, for the construction of the Adyal Lift Irrigation Scheme under the Gosikhurd Project in Taluka Bramhapuri, District Chandrapur. The broad consideration or size of the order is around Rs 260.53 crore, and the project is to be executed within 33 months.
M/s. Adyal L.I.S. (JV) is a joint venture between Sobhagya Mercantile, which holds a 40% stake in JV, and S. S. Fabricators & Manufacturers, which holds the remaining 60% stake in JV.
Sobhagya Mercantile is a diversified infrastructure and resources Company with operations spanning infrastructure construction, engineering consultancy, mining, equipment leasing, material production, and steel manufacturing.
