Comments
Gayatri Projects Limited has secured a Rs 1,363 crore irrigation contract in joint venture with RNS Infrastructure Limited and Sadguru Infratech Private Limited from Karnataka Neeravari Nigama Limited.
The project entails the execution of a lift irrigation system to provide irrigation for an area of 27,462 hectares. The contract covers operations and maintenance of the system for 5 years after commissioning, the company informed BSE.
The project entails design, supply, installation, testing and commissioning of a lift irrigation system, which includes head works, including intake canal, delivery systems and aqueducts for providing irrigation.
The project also entails operation and maintenance for five years after commissioning the project on lump sum turn-key basis for Basaveshwara (Kempwad) lift irrigation scheme in Athani taluka in Belagavi district of Karnataka.
The contract brings back Gayatri to its core competence area of irrigation where the company has nearly five decades of experience. The EPC mode contract does not require any investment from the company and is part of the asset-light model approach of the company.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.