Construction firm Subhash Projects & Marketing Ltd (SPML) today said it has bagged an order worth Rs 220 crore for development of 1,500 mini water supply schemes in drought affected areas of Bihar.
The company has bagged an order from the Public Health Engineering Department, Bihar for design, construction and commissioning of 1,500 mini water supply schemes for 26 drought affected districts in the state, SPML said in a filing to the Bombay Stock Exchange (BSE).
"This order is a testimony of our commitment to setting up high value water infrastructure projects; 1,500 water supply schemes would significantly make a difference in thousands of households and lives that leverage this initiative," SPML Chief Operating Officer Rishabh Sethi said.
The completion time for the project is 18 months, it said.
Shares of SPML were trading at Rs 160.30 on BSE, up 1.52 per cent from its previous close.
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