Intimation letter for work order and Letter of Intent as per attached letter.
INDIANHUME · price
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Indian Hume Pipe Company has received two major irrigation project orders through joint ventures. The first is for Bhagpur Lift Irrigation Scheme Stage 2 in Jalgaon district, Maharashtra, with the company's share at Rs. 343 Crores out of a total JV order of Rs. 1,716.70 Crores. The second is for Ner Lift Irrigation Scheme 3 & 4 in Satara district, Maharashtra, with the company's share at Rs. 118 Crores out of a total JV Letter of Intent of Rs. 536.59 Crores. Both orders are from government corporations (TIDC and MKVDC) and involve 48 months of construction work plus 5 years of operation and maintenance. The company's combined share totals Rs. 461 Crores.
These two large government irrigation orders significantly boost the company's order book. The combined Rs. 461 Crores company share represents substantial new revenue visibility and signals strong demand for Hume pipe products in water infrastructure projects.