
Indian Hume Pipe JVs secure ₹461 Cr in new work orders
Indian Hume Pipe Company Ltd. (IHP) has announced that its Joint Ventures (JVs) have received two significant work orders/Letters of Intent. The first order, with a company share of ₹343 Crores, is for the Bhagpur Lift Irrigation Scheme Stage 2 & Gravity Pipe Distribution Network in Jalgaon, Maharashtra. This project, part of a total JV work order of ₹1,716.70 Crores, has a 48-month construction period and 5 years of operation and maintenance. The second order, with a company share of ₹118 Crores, is for the Ner Lift Irrigation scheme, 3 & 4, in Satara, Maharashtra. This is part of a total JV Letter of Intent for ₹536.59 Crores, also with a 48-month construction period and 5 years of O&M. Both projects are domestic and focus on irrigation infrastructure development.
Key Highlights
- IHP's JVs secured new work orders totaling ₹461 Crores for the company's share.
- First order: ₹343 Cr for Bhagpur Lift Irrigation Scheme in Jalgaon, Maharashtra.
- Second order: ₹118 Cr for Ner Lift Irrigation Scheme in Satara, Maharashtra.
- Both projects involve 48 months of construction and 5 years of operation and maintenance.