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The projects shall be completed within 15 months from the date of issue of LoI, the company said in the filing.
The contract is for work of rural/urban electrification and related work on turnkey basis under the Saubhagya Yojna of Government of India, it added.
At 09:24 am; the stock was trading 5.5% higher at Rs 653 on the BSE, as compared to a marginal 0.04% rise in the S&P BSE Sensex. It was quoting close to its 52-week high of Rs 664, touched on April 4, 2018 on the BSE in intra-day trade.