HCC, OM Infra JV wins Rs. 609 crore Nokha Water Supply Project

Hindustan Construction Company Ltd. (HCC), in consortium with Om Infra Ltd (OMIL), has been awarded Rs.609 crore contract by Public Health Engineering Department, Govt of Rajasthan, for the construction of the Nokha Water Supply Project to provide Functional Household Tap Connection (FHTC) in Bikaner District. The HCC share in the joint venture is 50%.

The scope of work involves constructing a network of water distribution lines of over 1000 km, including main trunks, cluster distribution and village distribution lines, elevated storage reservoirs, clear water reservoirs, and booster pumping stations at several locations. This network will provide drinking water to 154 villages and two towns (Nokha and Deshnok) of the Bikaner district. The contract also involves operation and maintenance of 10 years.

The Government of India's Jal Jeevan Mission is one of the prime and ambitious Water Infrastructure development programs with contributions from the various State Governments.

Shares of Hindustan Construction Company Limited was last trading in BSE at Rs. 15.00 as compared to the previous close of Rs. 14.90. The total number of shares traded during the day was 711235 in over 1391 trades.

The stock hit an intraday high of Rs. 15.30 and intraday low of 14.90. The net turnover during the day was Rs. 10730185.00.

Shares of OM INFRA LIMITED was last trading in BSE at Rs. 41.60 as compared to the previous close of Rs. 41.70. The total number of shares traded during the day was 18027 in over 224 trades.

The stock hit an intraday high of Rs. 42.90 and intraday low of 41.30. The net turnover during the day was Rs. 754475.00.

Source : Equity Bulls

Keywords

HindustanConstructionCompany INE549A01026 HCC OMINFRA INE239D01028 Consortium OrderWin