Wins Rs 738.61 Cr water supply order from Rajasthan PHED

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF

INDIANHUME · price

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+8.6%1-day move

₹335.05

prior close

₹348.00

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AI summary

Indian Hume Pipe has received a Letter of Acceptance worth Rs 738.61 Crores (incl GST) from Public Health Engineering Department (PHED), Government of Rajasthan. The work covers design, build and 10 year O&M of a Narmada-based water supply project for 275 villages in Dhorimanna and Chouhtan block, District Barmer. Project falls under the JICA-funded Rajasthan Rural Water Supply and Fluorosis Mitigation Phase II. Execution period is 24 months plus a 1 year defect notification period.

Likely market impact

Large order materially boosts order book. Government-backed, JICA-funded project reduces payment risk. 10-year O&M phase adds revenue visibility.