Business Update24 Apr 2026, 05:31 pm
Indian Hume Pipe Co Bags ₹417.97 Cr Order from MKVDC
AI Summary
Indian Hume Pipe Company Ltd has received a Letter of Intent with a work order worth ₹417.97 Crores (excluding GST) from Jihe Kathapur Lift Irrigation Division, Maharashtra Krishna Valley Development Corporation (MKVDC), Satara, Maharashtra. The project involves the construction of head works and a closed pipe distribution system for the Ner Direct Gravity main under the Guruvarya late Laxmanraoji Inamdar Lift Irrigation scheme. The project is expected to be completed within 48 months.
Key Highlights
- Indian Hume Pipe Co. receives ₹417.97 Cr order from MKVDC.
- Project involves construction of head works and pipe distribution system.
- The project execution timeline is 48 months.
- Order awarded by a domestic entity.
- The order is a percentage rate contract (B1).