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Last Updated : Mar 01, 2017 01:44 PM IST | Source: PTI

Gayatri Projs wins Rs 1,363 cr irrigation contract in Karnataka

The company has secured a Rs 1,363 crore irrigation contract in Joint Venture with RNS Infrastructure Ltd (RNS) and Sadguru Infratech Pvt Ltd (SIPL) from executive engineer, Karnataka Neeravari Nigama Ltd, Gayatri Projects said in a BSE filing.

 
 
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Infrastructure company Gayatri Projects today said it has bagged Rs 1,363 crore irrigation contract from Karnataka Neeravari Nigama Ltd.


The company has secured a Rs 1,363 crore irrigation contract in Joint Venture with RNS Infrastructure Ltd (RNS) and Sadguru Infratech Pvt Ltd (SIPL) from executive engineer, Karnataka Neeravari Nigama Ltd, Gayatri Projects said in a BSE filing.


The project entails the execution of a lift irrigation system to provide irrigation for 27,462 hectares in Karnataka.

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The contract also involves operations and maintenance of the system for 5 years after commissioning, it added.

Shares of Gayatri Projects were trading at Rs 141.80, up 2.20 percent from its previous close on BSE.



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First Published on Mar 1, 2017 12:44 pm
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