Business Update30 May 2026, 01:02 pm
H.M. Electro Mech JV Bags ₹74.44 Cr GWIL Order
AI Summary
H.M. Electro Mech Limited, in a joint venture with V.L.Infraprojects Limited (H.M. Electro Mech: 69% share), has secured a work order worth ₹74,44,33,506.72 (excluding GST) from Gujarat Water Infrastructure Limited (GWIL). The project involves designing, constructing, testing, and commissioning a RCC Under Ground Sump and RCC Pump House, including electro-mechanical and instrumentation works, along with 10 years of comprehensive operation and maintenance at GWIL Navda Pumping Station.
Key Highlights
- H.M. Electro Mech holds a 69% share in the joint venture.
- The order is for a project at GWIL Navda Pumping Station.
- The project includes 10 years of comprehensive operation and maintenance.
- The order value is ₹74.44 Cr excluding GST.
- The project execution timeframe is 24 months.
Price Impact
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