Wins Rs 738.61 Crore water supply project from Rajasthan PHED
INDIANHUME · price
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Indian Hume Pipe Company has received a Letter of Acceptance worth Rs. 738.61 Crores (including GST) from Public Health Engineering Department (PHED), Government of Rajasthan. The order covers design and build of a Narmada-based water supply project for 275 villages in District Barmer under the JICA funded Rajasthan Rural Water Supply and Fluorosis Mitigation Project Phase II. Completion timeline is 24 months with 1 year defect notification period plus 10 years of operations and maintenance. The contract is domestic and has no related party interest.
Large order worth Rs 738.61 Crore significantly boosts order book. Government client with JICA funding lowers payment risk and adds multi-year visibility through O&M revenue.