Subhash Projects secures two new orders worth Rs 277 crore

Submitted by Sunil Kashyap on Wed, 11/11/2009 - 14:59

Subhash Projects

Subhash Projects And Marketing Ltd (SPML), one of India’s leading infrastructure development companies, has secured two new orders worth Rs 277 crore.

The company bagged the first order, which is valued at Rs 127 crore from Delhi Jal Board for providing Sewage System at Preet Vihar, Delhi.
The order will be commissioned on Design, Build and Operate Basis and involves construction of 53.5 MGD sewage pumping station, rising main and other related associated appurtenant works at Preet Vihar, Delhi.

The scope of work involves design, construction, supply, installation, testing, commissioning, trial run, operation and maintenance for 10 years.
The second order has been awarded by Bangalore Water Supply and Sewerage board for fabrication and laying of Clear Water Transmission Main from T K Halli to J K Doddi including associated works and construction of Surge Tank at J K Doddi.

The contract is valued at Rs 150 crore.
The stock of the company closed today at Rs 137 on BSE, up 2% compared to previous close of Rs 134.


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