Business Update29 Apr 2026, 03:31 pm
Indian Hume Pipe bags ₹458.69 Cr water supply order from Telangana
AI Summary
Indian Hume Pipe Company Ltd has received a Letter of Acceptance for a significant work order valued at ₹458.69 Crores (excluding GST). The order was awarded by the Public Health & Municipal Engineering Department, Hyderabad, Telangana. It pertains to the execution of a Water Supply Improvement Scheme in the Greater Warangal Municipal Corporation, funded under UIDF. The project is a domestic 'Percentage Contract' and is expected to be completed within 24 months. The company confirmed that there is no promoter/promoter group interest in the awarding entity, and the transaction does not fall under related party transactions.
Key Highlights
- Secured a domestic work order worth ₹458.69 Cr (ex-GST).
- Order from Telangana for Warangal water supply scheme.
- Project execution period is set for 24 months.
- Enhances company's order book and revenue visibility.