Gayatri Projects wins Rs 1,363 cr irrigation contract in K'tak
Infrastructure company Gayatri Projects today said it has bagged Rs 1,363 crore irrigation contract from Karnataka Neeravari Nigama Ltd.
The company has secured a Rs 1,363 crore irrigation contract in Joint Venture with RNS Infrastructure Ltd (RNS) and Sadguru Infratech Pvt Ltd (SIPL) from executive engineer, Karnataka Neeravari Nigama Ltd, Gayatri Projects said in a BSE filing.
The project entails the execution of a lift irrigation system to provide irrigation for 27,462 hectares in Karnataka.
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The contract also involves operations and maintenance of the system for 5 years after commissioning, it added.
Shares of Gayatri Projects were trading at Rs 141.80, up 2.20 per cent from its previous close on BSE.
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First Published: Mar 01 2017 | 12:48 PM IST