Hindustan Construction Company Ltd. (HCC), in consortium with Om lnfra Ltd (OMIL), has been awarded an Rs609 crore contract by Public Health Engineering Department, Govt of Rajasthan, for the construction of the Nokha Water Supply Project to provide Functional Household Tap Connection (FHTC) in Bikaner District.
In the regulatory filing, the HCC share in the joint venture is 50%.
The scope of work involves constructing a network of water distribution lines of over 1000 km, including main trunks, cluster distribution and village distribution lines, elevated storage reservoirs, clear water reservoirs, and booster pumping stations at several locations, the company said in the filing.
This network will provide drinking water to 154 villages and two towns (Nokha and Deshnok) of the Bikaner district.
The contract also involves operation and maintenance of 10 years, it added.
The Government of India’s Jal Jeevan Mission is one of the prime and ambitious Water lnfrastructure development programs with contributions from the various State Governments.
The stock is currently trading at Rs16.55 down by Rs0.15 or 0.9% from its previous closing of Rs16.70 on the BSE.
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